QUICK LINKS: Videos  |  Micromarkets |

Redemption Report

|

Classifieds

|

Buy a Classified Ad

|

Editorial Calendars

|

Circulation Data

|

Downloads

|

Bookstore

|

Date Book

Search:      

Bookmark this site




Issue Date: Vol. 54, No. 9, September 2014, Posted On: 8/13/2014


Massimo Zanetti Group Files For Listing On Milan Stock Exchange


Tim Sanford
Editor@vendingtimes.net
TAGS:

BOLOGNA, Italy -- Massimo Zanetti Beverage Group has presented a listing request to the Milan Stock Exchange, according to a report by the Reuters news agency. Chairman Massimo Zanetti told Reuters that the public offering will be made this fall. The plan is to list a stake of about 30% on the Milan exchange this fall, in order to continue the company's expansion.

The Zanetti organization, established by the present chairman's grandfather early in the last century, has been growing steadily since the turn of the millennium. In 2006, it formed Massimo Zanetti Beverage USA (Portsmouth, VA) and acquired a number of leading coffee brands from Sara Lee Corp., including Chase & Sanborn, Chock full o'Nuts, Hills Bros. and MJB. Its Segafredo Zanetti coffees are known around the world.

MZB now is active in more than 40 countries, and is seeking to strengthen its footprint in the fast-growing Asian market.


Topic: Coffee Service News

Articles:
  • NAMA: Coffee, Tea & Water Discounts End Oct. 2; WIN Run Registration Opens
  • Mars Drinks Beats Sustainability Goal, Achieving 31% Carbon Footprint Reduction With New Freshpack Design
  • Farmer Brothers To Acquire China Mist Brands For $10.8 Million
  • Tetley Introduces Super Teas
  • Sen. Roy Blunt Visits Newco Enterprises' Missouri Facilities

Copyright © 2016 Vending Times Inc. All rights reserved. 
P: (516) 442-1850 | F: (516) 442-1849 | subscriptions@vendingtimes.net
55 Maple Ave. - Ste. 304, Rockville Centre, NY 11570