Coffee

Italy's Kimbo Ends 2016 With Record Turnover

Italian coffee brand Kimbo has closed 2016 with a record turnover of €175 million, up 3.3% year-on-year. Of the company's sales total, 81% was achi...

Swiss Sucafina Bets On Coffee Farming With Brazil Venture

Swiss trader Sucafina SA is betting on coffee farming with a joint venture in Brazil, the world’s largest producer. The Geneva-based company has r...

Italy's Oro Caffè Sees 10% Growth In 2016

Italian coffee producer Oro Caffè ended 2016 with a consolidated turnover of €9.2 million, which marks an increase of 10% on the previous year....

US Results Boost Illycaffe Performance In 2016

Italian coffee producer and distributor Illycaffè closed 2016 with a 5.3% growth in turnover, to €460.4 million. Although revenue growth was...

Cafe René Unveils An Industry First

Having celebrated its 25th anniversary last year, family-owned business Cafe René is now proud to present an industry first – a home-compostab...

Brazil Forced To Import Coffee After Crop Failure

Brazil, the world’s largest coffee producer, will be forced, for the first time, to buy a significant amount of the product from competitors, due to...

Jacobs Douwe Egberts To Acquire Brazilian Coffee Brands

Jacobs Douwe Egberts (JDE) has announced that it intends to acquire a portfolio of local brands from Brazil’s leading instant coffee exporter Cia Cac...

Merkel Takes On Starbucks In Bashing Over Unfair Tax Practices

Chancellor Angela Merkel decried unfair tax advantages for multinational corporations, singling out U.S. coffee chain Starbucks Corp. as a tax rogue that e...