Luigi Lavazza SpA has acquired Onda Coffee Break
Lavazza, one of the largest espresso coffee producers in the world, has acquired Onda Coffee Break, the leading coffee shop chain in Bulgaria, for an undisclosed consideration.
The acquisition, completed in pursuit of Lavazza’s international growth strategy, represents an important investment aimed at consolidating the group's presence in Bulgaria, where espresso coffee consumption is growing rapidly. As a result of this transaction, Lavazza has acquired eleven shops located in key shopping areas in Sofia. Lavazza will gradually increase the visibility of its own brand within the Onda chain, aiming at turning its coffee shops into a showcase for authentic Italian espresso coffee in Eastern Europe.
Onda Coffee Break was formerly controlled by Global Finance, the largest private equity fund in the region, together with smaller local shareholders.
Oaklins' team in Italy originated the deal and assisted Lavazza throughout the acquisition process.
Contacter l'équipe de la transaction
Giuseppe Maria Bernardo Puccio
Oaklins Italy
Transactions connexes
Top Systems teams up with Holland Capital to create the premier Dutch battery-based solutions provider
Holland Capital, a Netherlands-based private equity firm, has acquired a stake in Top Systems, a leading provider of complete battery-based power solutions, with a unique value-added services proposition.
En apprendre plusInfotreasury has been sold to Matera
Matera, a leading banking software company with world-class instant payments and core banking solutions, has acquired Infotreasury.
En apprendre plusThrive Freeze Dry has successfully sealed the acquisition deal with Paradiesfrucht GmbH
Paradiesfrucht GmbH, a gobal freeze dryer of fruits, fruit preparations, drops, powders and granulates, has been acquired by Thrive Freeze Dry (Thrive), a portfolio company of Entrepreneurial Equity Partners (e2p) and Mubadala Capital. The transaction is expected to close in 2024, subject to customary closing conditions, including antitrust approval.
En apprendre plus