Italian company Massimo Zanetti Beverage Group is a leading group in the production, processing and marketing of roasted coffee, has acquired Café Pacaembu Ltda.
Details are provided below:
- This acquisition strengthens the Groups presence in Brazil.
- Café Pacaembu Ltda is one of the most traditional brands in San Paolo
- Massimo Zanetti Group CEO said: Brazil is an interesting market: it is the worlds largest producer and exporter of coffee and the second largest consumer market in the world, with high growth rates. The acquisition of Café Pacaembu which, with over 60 years of history, represents the traditional coffee of Brazil, will allow our Group to seize growth opportunities in Brazil.