Massimo Zanetti
Massimo Zanetti (born 12 February 1948 in Treviso) is an Italian entrepreneur and former politician, owner of Segafredo, a global coffee company. Since 2016 Zanetti is also the owner of the Italian basketball team Virtus Bologna, one of the m ...
Beverage Group is an Italian coffee company that owns brands such as ''Segafredo'' and ''MJB''. With turnover of around US$1.2 billion per year, it claims to be the biggest private company in the coffee industry.
The group
Today, the Bologna, Italy-based group sells 120,000 tons of coffee annually. The Massimo Zanetti Beverage Group owns more than 20 consumer brands worldwide, including
Chock full o'Nuts
Chock full o'Nuts is an American brand of coffee that originated from a chain of New York City coffee shops.
Its unusual name derives from the 18 nut shops that founder William Black (c. 1902 – 1983) established under that banner in the city ...
,
Chase & Sanborn,
MJB,
Hills Bros.
Hills Bros. Coffee is a maker of packaged coffee, founded in San Francisco.
History
The company has its origins with the sons of shipbuilder Austin Hills (1823-1905), who was born in Rockland, Maine, and ran a business in California building c ...
, Segafredo Zanetti, Meira Oy,
Brodies and Tiktak; that span a variety of products from espresso and coffee to tea and spices.
Massimo Zanetti Beverage USA, based in
Suffolk, Virginia, is a division of Massimo Zanetti Beverage Group, a privately held, vertically integrated organization that processes, trades, roasts and distributes coffee throughout the world. Kauai Coffee Company LLC, is part of Massimo Zanetti Beverage, USA, Inc., one of the nation's largest coffee roasters, and is a subsidiary of the Italian global coffee company Massimo Zanetti Beverage Group.
Additionally, Massimo Zanetti Beverage Group operates 11 roasting plants globally, has a worldwide distribution network of subsidiaries and authorised dealers in 100 countries; manufactures La San Marco professional bar equipment and espresso machines, and owns a network of over 600 Segafredo Zanetti Espresso cafés worldwide. In May 2014, Massimo Zanetti Beverage acquired Boncafe Group for $US85 million.
In January 2019 the group acquired the Australian The Bean Alliance (a network of brands focused on niches) and a month later the Portuguese Cafés Nandi, active in the food service. In October 2019 it took over one of the historical names of the paulista coffee, Cafe Pacaembu.
The parent company Massimo Zanetti Beverage Group SpA was listed on the Electronic Share Market managed and organized by Borsa Italiana SpA, STAR segment, from June 2015 to 15 February 2021.
On 29 September 2020, MZB Holding S.p.A., a company controlled by Massimo Zanetti through MZ Industries S.A. promoted a total voluntary takeover bid aimed at delisting Massimo Zanetti Beverage Group SpA which took place on 15 February 2021.
On the subject of sustainability, in 2022,
Standard Ethics Aei
Standard Ethics is an independent sustainability reporting rating agency based in London, known for its sustainable finance and ESG (Environmental, Social and Governance) studies. In 2001, it introduced a standardised approach to sustainabilit ...
assigned a sustainability rating of 'E+' on a scale of F to EEE in the SE Food&Beverage Sustainability Italian Benchmark.
[https://www.standardethics.eu/media-en/research-methodology/sustainability-in-the-italian-food-industry-an-in-depth-analysis-of-the-se-food-beverage-sustainability-italian-benchmark URL accessed on 28 October 2022]
Brands
File:Segafredo Zanetti logo.svg, Segafredo
Notes and references
See also
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Single-serve coffee container
A single-serve coffee container is a method for coffee brewing that prepares only enough coffee for a single portion.
Single-serve coffee containers can both reduce the time needed to brew coffee and simplify the brewing process by eliminati ...
*
List of Italian companies
Italy is a unitary parliamentary republic in Europe with the third largest nominal GDP in the Eurozone and the eighth largest in the world. As an advanced economy the country also has the sixth worldwide national wealth and it is ranked third ...
External links
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Official website - Segafredo Zanetti Polandofficial website Australiaofficial website New Zealandofficial website Israel
{{Coffee in Italy
Coffee brands
Food and drink companies established in 1973
Coffee companies of Italy
Italian brands
Italian companies established in 1973