MergerMarket, March 5, 2015
Massimo Zanetti Beverage Group, a Treviso, Italy-based coffee company, is planning more acquisitions, licensing deals and franchising agreements to continue expanding globally, COO Pascal Heritier said. The company is also still on track to go public in May, he added.
MZB Group, which owns international coffee brands such as Segafredo Zanetti and Chock Full O’Nuts, and has more than 330 franchised Italian-style coffee houses around the world, has annual sales of around EUR 800m and EBITDA of around EUR 63m.
To continue expanding, the company is constantly looking at potential acquisition targets. “M&A is part of the DNA of our group,” Heritier said. MZB is seeking to make acquisitions that will help it gain a foothold in new markets or expand in existing ones. It also seeks to acquire brands that are complementary to its offering.