The Ryoma Holding Company has finalised its acquisition of Macap, a historic company founded in 1930 in Venice and a significant player in the production of professional coffee grinders, by buying a majority stake in the company. Read more
Probat expands production facility at company headquarters
Coffee roasting plant and machinery manufacturer Probat is expanding the production area at its headquarters in Emmerich, Germany. The project with a total investment volume of €40 million (about US$47 million) is to be completed by the end of 2022. Read more
Eversys Enigma: The next generation of super traditionals
The future of super traditional machines is celebrated in Eversys’ new-look E-line, a machine that embraces new technology, design aesthetics, and a guaranteed return on investment at a time when purchase decisions will be measured, and safety is paramount. Read more
Singapore virtual microlot auction attracts 45 producers and 56 lots from 12 countries
Forty-five producers and 56 lots of specialty grade coffee from 12 countries will be joining the first Singapore (Micro-Lot) Specialty Coffee Auction organised virtually by the Singapore Coffee Association (SCA), in partnership with Food & Hotel Asia (FHA), on 1 October. Read more
Coffee group prices diverge in April as volatility increases
According to the International Coffee Organization (ICO) April 2020 Coffee Market Report, the ICO composite indicator decreased by 0.1 per cent to 108.91 US cents per pound in April. Read more
Dunkin’ sees sales slump at the end of a strong first quarter
Coffee chain Dunkin’ reports United States comparable store sales growth of 3.5 per cent in the first 10 weeks of 2020. However, a sharp decline of 19.4 per cent in the following three weeks due to COVID-19 resulted in a total decline of 2 per cent for the first quarter of 2020. Read more
Bellwether Coffee covers payments for coffee retailers during COVID-19
Bellwether Coffee has launched a financial assistance package for new customers amid the COVID-19 outbreak and closure of cafés across the United States and Canada. Read more
Switzerland exports record amount of coffee in 2019
Coffee exports from Switzerland have reached a new high of 83,819 tonnes in 2019. According to the country’s Federal Customs Administration, this amounts to sales of CHF 2.5 billion (about US$2.6 billion). Read more
Löfbergs launches Finnish subsidiary
Löfbergs has established a formal subsidiary in Finland due to the Swedish coffee roaster’s growth in the country. Read more
Starbucks Canada to resume operation in as many stores as possible
Starbucks Canada expects to resume operations in as many stores as possible by the end of May. Read more