(February 7) – Italian coffee giant Massimo Zanetti Beverage now owns NJ Coffee Roastery. Acquired from the Sara Lee Corporation, the specialized gourmet food service will bring to MZB more than 150 million dollars in its overall portfolio. Based and located in the Borough of Moonachie, Bergen County, the New Jersey company has 115 employees. Final terms of the agreement were not disclosed. John Boyle, american COO of Massimo Zanetti Beverage, explains the takeover “Through this acquisition, we broaden our capabilities and capacity to roast and package high quality gourmet coffees for current and future food service customers”.
Massimo Zanetti Beverage USA, with headquarters in Portsmouth, in southeastern Virginia, is a subsidiary of the privately held Massimo Zanetti Beverage Group, one of the biggest and vertical integrated coffee company in the world. The roaster produces coffee, tea, and drink mix in all retail channels and food service around the world. Some of the brands being handled by MZB USA include Chock full o’ Nuts, Hills Bros., Hills Bros. Cappuccino, Segafredo Zanetti, Chase and Sanborn, MJB, Corporate Brands and Segafredo Cafés. (Peg)
THE BIGGEST PRIVATE COMPANY IN THE COFFEE INDUSTRIES
The MZB is a holding company founded and chaired by Massimo Zanetti. Based in Villorba, Treviso, it comprises a network of companies operating in over 100 countries that cultivates, trades, processes, roasts, packages and distributes coffee throughout the world. The Group owns more than 20 brands worldwide, including Chock full o’Nuts, Hills Bros., Segafredo Zanetti Espresso, Meira, Brodies, Tiktak and La San Marco. Most of them are leading in their secific area, offering a rich variety of high quality regional products, such as coffee, tea, cocac and spices. Massimo Zanetti Group is the first private coffee company in the world and has a unique, fully integrated business plan thanks to the fact that it has direct control over the entire production chain.
