Coffee Service News
Westrock Coffee acquires Bixby Roasting
March 1, 2023
Westrock Coffee Co., a coffee provider to the retail, foodservice, convenience store, travel center and hospitality industries, has acquired Bixby Roasting…
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Danone to build $65M Florida facility for coffees, creamers
February 28, 2023
Danone North America will invest up to $65 million over the next two years to create a new bottle production line in Jacksonville, Florida, according to a…
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JDE Peet’s boosts 2022 results, anticipates growth for 2023
February 23, 2023
JDE Peet's, which is owned by JAB Holdings and owns Peet's Coffee, Douwe Egberts, Jacobs and other brands, lifted its 2022 sales and underlying profit over the…
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Keurig Dr Pepper Q4, FY 2022 sales rise on price hikes, earnings suffer
February 23, 2023
Keurig Dr Pepper Inc. lifted its Q4 and FY 2022 sales, boosted by pricing, while earnings took a hit, according to a press release.
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Danone lifts Q4, FY 2022 sales boosted by price hikes, FY earnings fall
February 22, 2023
Sales for Danone S.A. in Q4 2022 topped estimates boosted by higher prices, and the company plans to lift prices again this year, if necessary, according to a…
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F Gavina recycles 2M+ coffee pods, capsules
February 21, 2023
F. Gaviña & Sons Inc., the maker of Don Francisco's Coffee, Café La Llave and other coffees, has kept more than 2 million used coffee bags, single-serve…
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Starbucks by Nespresso coffee capsules debut
February 21, 2023
Nespresso Professional has launched Starbucks by Nespresso coffee capsules for Nespresso Professional machines, according to a press release.
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Groupe SEB acquires La San Marco business from Massimo Zanetti Beverage Group
February 20, 2023
Groupe SEB, a France-based multinational that owns Montebellow, California-based Wilbur Curtis Co., along with other coffee equipment brands, has acquired the…
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De Jong Duke taps Evoca’s Rafael Rosario
February 20, 2023
Rafael Rosario De Jong Duke, a Holland based coffee service equipment manufacturer, has named coffee service industry veteran Rafael Rosario as key…
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Costa Coffee taps Groupe SEB’s Philippe Schaillee as CEO
February 17, 2023
Philippe Schaillee Costa Coffee, a U.K.-based coffee brand the Coca-Cola Co. acquired in 2018, has named Philippe Schaillee CEO of the company…
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Nestle lifts 2022 sales on price hikes, suffers earnings decline
February 16, 2023
Nestle S.A. reported an earnings decline for 2022 despite higher sales boosted by price increases, according to an earnings report. Highlights include:
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US Foods boosts Q4, FY 2022 sales, earnings
February 16, 2023
US Foods lifted its Q4 and FY 2022 results on sales gains from independent restaurants and healthcare accounts, according to an earnings release. Highlights…
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Five Star Food Service acquires Lincoln County Vending
February 16, 2023
Five Star Food Service Inc., a Chattanooga, Tennessee-based Canteen franchise convenience services operation, has acquired Lincoln County Vending, a Canteen…
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Study explores link between coffee and kidney disease
February 16, 2023
A new medical study has found the presence of a particular gene variant can result in coffee being three times more likely to cause kidney dysfunction…
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Farmer Bros boosts Q2 2022 sales, widens its loss
February 14, 2023
Farmer Bros. Co. lifted its Q2 2022 sales, which were boosted by price increases, but the company extended its loss over the prior year period, according to an…
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Kraft Heinz boosts Q2 2022 sales, earnings take a hit
February 14, 2023
Kraft Heinz Co. lifted its Q2 2022 sales, boosted by double digit organic sales growth while suffering a hefty earnings decline, according to an earnings…
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Refreshing USA to merge with acquisition firm, become publicly traded
February 13, 2023
Refreshing USA, has teamed with Integrated Wellness Acquisition Corp., a publicly traded acquisition company, to merge under a Delaware corporation that will…
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Sodexo lifts Q1 2023 revenue 20%, boosted by post pandemic recovery
February 10, 2023
Sodexo SA, the Paris-based global food and facilities management provider, boosted its revenue 20.2%, from 5.26 euros ($5.61 billion) in Q1 2022 to 6.3 billion…
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Compass Group reports Q1 2023 24% revenue boost
February 10, 2023
Compass Group PLC, which owns Canteen Vending Services Inc. in the U.S., reported that organic revenue rose 24% in the first quarter of 2023 in a conference…
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Aramark lifts Q4 2022 results driven by pricing, business growth
February 9, 2023
Aramark Corp. lifted its Q4 2022 revenue and earnings, boosted by pricing and business growth, according to an earnings report.
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