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Lavazza Eyes Share Swap to Acquire German Coffee Icon Dallmayr

The talks, led by Goldman Sachs, reflect Lavazza’s strategy to bolster its market position against surging raw coffee costs.

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Bayern, Deutschland 23. Juni 2023: Hier Bilder in einem Supermarkt, Discounter, Handyfoto, im Bild Dallmayr prodomo Kaffee, 100% Arabica
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Overview

  • Lavazza is in early-stage negotiations with Dallmayr on a potential share-swap deal that would keep Lavazza as the majority owner
  • A combined entity would generate around €5 billion in annual sales by merging Lavazza’s €3.35 billion turnover with Dallmayr’s €1.2 billion
  • Both companies have declined to comment on the speculation, underscoring the unconfirmed nature of the discussions
  • The move follows Lavazza’s 2024 acquisition of IVS Group and aligns with its broader expansion across Europe and North America
  • The coffee sector has faced a 70 percent jump in raw bean prices over the past year, intensifying the drive for scale