BaltCap-backed Coffee Address has acquired Latvian vending machine operator Kafe Serviss
November 2020 — Coffee Address Holding, the largest vending machine and coffee service company in the Baltics, currently owned by the private equity and venture capital firm BaltCap, has acquired a local Latvian coffee service company Kafe Serviss. The transaction will further strengthen the position of Coffee Address, improving both the product and service offering to its customers across the country.
Coffee Address is the largest company in the Baltics offering to-go coffee and coffee vending services for offices and HoReCa clients in Latvia, Lithuania and Estonia. Established in 1993, the company serves over 100,000 cups of coffee on a daily basis. Besides its regular coffee service, Coffee Address also offers a complimentary range of products, including sugar, tea and snacks, and provides private label solutions starting from customized blends all the way to packaging.
Established in 1998, Kafe Serviss is a vending machine operator in Latvia, offering coffee and convenience foods in the workplace, public spaces and the HoReCa sector. The company is the official distributor of Lavazza and KIMBO coffee in Latvia. It operates through two key business segments – operations of self-service vending machines, where it has more than 1,500 units across Latvia, and office coffee service, where it provides coffee machines and coffee products to offices and the HoReCa segment.
Our role in the transaction
Oaklins’ team in Latvia acted as the M&A advisor on all aspects of the design, negotiation and closing of the transaction.
Viktorija Meiksane
Chairwoman, Coffee Address Holding
Prata med transaktionsteamet
Relaterade transaktioner
ENGIE Énergie Services has sold Majorelle to Isospace
Majorelle, a pioneer in space planning in France for 40 years, has been sold to Isospace by ENGIE Énergie Services. The transaction marks a new chapter in Majorelle’s growth, bringing together complementary expertise in workplace design, space planning and fit-out while preserving its brand, teams and market positioning. Together, Majorelle and Isospace generate more than US$45 million in revenue, primarily in the Île-de-France region. The companies operate in a commercial fit-out market undergoing significant transformation, driven by evolving workplace needs, real estate asset repositioning, regulatory requirements and environmental and socioeconomic challenges. Philippe Savajols, president of Isospace and Majorelle, aims to ensure continuity for Majorelle and its teams while developing complementary capabilities and synergies across the group, preserving both companies’ respective cultures, expertise and client relationships.
Lär dig merCibus has acquired Aweta from Standard Investment
Standard Investment has reached an agreement with Cibus Capital, advisor to the Cibus funds, on the sale of Aweta, a global leader in fruit and vegetable sorting, grading and packing equipment. Completion of the transaction is expected in the coming weeks. The transaction provides Aweta with a strong partner to support the company’s next growth phase. Under Cibus’ ownership, Aweta will pursue further international growth and accelerate investment in R&D, supporting the installed base and product innovation, including software and AI capabilities. Aweta’s leadership team will continue to lead the business.
Lär dig merComtax has been acquired by Ryan
Comtax, a São Paulo-based tax technology consultancy specializing in tax determination and digital tax compliance, had been acquired by Ryan, the world’s largest firm dedicated exclusively to business taxes. The transaction marks Ryan’s entry into the Brazilian market, adding a specialized team and an established base of large corporate clients in Brazil, one of the world’s most complex tax environments, at a time when the country’s consumption tax reform is set to reshape how companies calculate and report indirect taxes. For Comtax, the acquisition brings access to Ryan’s global platform, technology and client network across more than 80 countries, creating opportunities to scale its tax determination and compliance offering beyond its current footprint. Comtax’s founders will continue to lead the business.
Lär dig mer