Coffee Daily News New Specialty Coffee Acquisition: How De’Longhi Plans to Leverage La Marzocco’s Brand
La Marzocco: The wave of acquisitions in the specialty coffee industry shows no signs of slowing. Just one day after Chobani’s high-profile US $900 million purchase of La Colombe on December 21, 2023, Italian company De’Longhi SpA announced a US $374 million deal to acquire a 41.2% stake in the renowned espresso machine brand La Marzocco.
De’Longhi SpA will acquire shares from its parent company, De’Longhi Industrial, along with other minority stakeholders. By combining La Marzocco and Eversys (which De’Longhi fully …