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February 10, 2020

Agnelli family office weighs selling PartnerRe to Covea for $9 billion, Reimann family looks to float $7 billion coffee empire, L’Oreal family actions next gen succession.

Agnelli family office weighs selling PartnerRe to Covea for $9 billion

The family office of Italy’s Agnelli dynasty has confirmed it has entered into exclusive discussions with French insurer Covea about a possible all-cash acquisition of reinsurer PartnerRe.

December 23, 2019

Reimann family’s JAB Holding blends coffee brands, Lauder family fortunes rise as empire grows, Wallenberg family’s Electrolux makes white goods go green.

Reimann family’s JAB Holding blends coffee brands

JAB Holding, family office of Germany’s billionaire Reimann family, is merging two of its coffee brands with a view to a major listing in 2020 as competition with Nestle heats up.

October 2, 2019

JCB digs into record sales against softening markets, IKEA assembles 5% increase in sales after transformation, American, Chinese sales help brew 39% profit for illycaffe.

JCB digs into record sales against softening markets

Bamford family-controlled manufacturer JCB says growth has stalled, especially in its biggest market India, despite sales increasing by almost a quarter last year.

February 2, 2018

JAB Holdings has cooled its coffee spending spree, striking a deal to buy its first cold drinks company, Dr Pepper Snapple, in a move which has bemused market commentators.

JAB Holdings has cooled its coffee spending spree, striking a deal to buy its first cold drinks company, Dr Pepper Snapple, in a move which has bemused market commentators.

Luxembourg-based JAB, which mainly controls the wealth of Germany’s Reimann family, has announced it will buy the US soft drink maker for $18.7 billion, and merge it with coffee pod producer Keurig Green Mountain, which JAB bought in 2015.

January 4, 2018

JAB on coffee spending spree, Rolling Stone founder sells up, and Dolby family make record £85m donation to science.

JAB on coffee spending spree

German giant JAB Holding Company is on a caffeine spending spree, while fellow family coffee business Lavazza diversifies into on-demand video.

Jacobs Douwe Egberts (JDE), a subsidiary of JAB, which in turn controls the Reimann family’s assets, has made a cash offer for the issued ordinary shares of OldTown, a Malaysia-based halal coffee chain.

February 5, 2013

Lavazza, the family-owned coffee company, is throwing its hat into the UK coffee shop ring with its chain of cafes.

Lavazza, the family-owned coffee company, is throwing its hat into the UK coffee shop ring with its chain of cafes.

Headed by fourth-gen Alberto Lavazza, the Italian family business has plans to create a potential 400 Lavazza Espression cafes in the UK over the coming decade, with the first 50 opening in the next two years.

February 29, 2012

Tea might be the quintessential British beverage, but one family business in the UK has fully embraced arch rival coffee.

Tea might be the quintessential British beverage, but one family business in the UK has fully embraced arch rival coffee.

Birmingham-based Fracino, the only British manufacturer of cappuccino and espresso machines, has found that, with demand so great for its products, it has had to expand.

Fracino is looking to challenge Italy and Spain, countries that traditionally dominate the manufacturing of cappuccino and espresso machines, and is now selling almost 3,000 machines a year.

August 12, 2010

Luigi Lavazza SpA, the Italian coffee manufacturer owned by the founding Lavazza family, announced yesterday it plans to acquire a 7% share in US coffee company Green Mountain Coffee Roasters Inc for $250 million.

Luigi Lavazza SpA, the Italian coffee manufacturer owned by the founding Lavazza family, announced yesterday it plans to acquire a 7% share in US coffee company Green Mountain Coffee Roasters Inc for $250 million.

September 17, 2008

Klaus J Jacobs, head of the entrepreneurial family behind brands such as Adecco, has died in Switzerland aged 71.

Klaus J Jacobs (pictured), head of the entrepreneurial family behind brands such as Adecco, has died in Switzerland aged 71.
 
The German-born billionaire worked for his family's coffee company from 1962 and led the company's ambitious expansion of its European operations in the 1970s.
 
He led the merger of Jacobs with Interfood in 1982, which created Jacobs Suchard, Europe's number one chocolate and coffee enterprise.
 

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