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 has also owned the Italian basketball team Virtus Bologna, one of the most su ...
Beverage Group is an Italian coffee company that owns multiple brands. Massimo Zanetti developed the firm starting in the 1970s after he moved to Bologna and acquired a local company called Segafredo, a historic coffee producer with a fairly well known brand. 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,
Chase & Sanborn,
MJB,
Hills Bros., 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
Suffolk ( ) is an independent city (United States), independent city in Virginia, United States. As of 2020, the population was 94,324. It is the List of cities in Virginia, 10th-most populous city in Virginia, the largest city in Virginia by bou ...
, 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
The foodservice (US English) or catering (British and Commonwealth English) industry includes the businesses, institutions, and companies which prepare meals outside the home. It includes restaurants, grocery stores, school and hospital cafeteri ...
. 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, Governance) studies. In 2001, it introduced a standardized approach to sustainability r ...
assigned a sustainability rating of 'E+' on a scale of F to EEE in the SE Food&Beverage Sustainability Italian Benchmark.
Brands
File:Segafredo Zanetti logo.svg, Segafredo
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Chase & Sanborn
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Chock full o'Nuts
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Hills Bros. Coffee
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 ...
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MJB
*Segafredo
Notes and references
See also
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Single-serve coffee container
A single-serve coffee container is a container filled with coffee grounds, used in coffee brewing to prepare only enough coffee for a single portion. Single-serve coffee containers come in various formats and materials, often either as h ...
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List of Italian companies
Italy is a Unitary state, unitary parliamentary republic in Europe with the third largest nominal Gross domestic product, GDP in the Eurozone and the eighth List of countries by GDP (nominal), largest in the world. As an advanced economy, the cou ...
External links
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Massimo Zanetti Beverage USASegafredo AustraliaSegafredo IsraelSegafredo New ZealandSegafredo Zanetti Poland
{{Coffee in Italy
Coffee brands
Coffee companies of Italy
Food and drink companies established in 1973
Italian brands
Italian companies established in 1973
Massimo Zanetti
Massimo Zanetti brands