Italian coffee producer and distributor Caffè Pascucci looks for new partners among private equity funds, Mergermarket wrote quoting Caffé Pascucci’s chairman Alberto Pascucci whose family founded the company back in 1883.
Mr. Pascucci’s aim is to sell in a capital increase deal a 20-30% stake of the company capital in order to finance the company international growth.
More in detail the aim is to open new shops around the world with a special focus on Brasil, Filippine and Malesia. Moreover Caffé Pascucci aims at buying fields where make coffee beans plants in Brasil, Central America and India.
Pascucci reached 15 million euros in revenues in 2013 with a 45% ebitda margin. About 50% of the revenues come from international markets and above all from Germany, Croatia, South Korea and India. As for this year revenues are seen to grow by a 10% while in 2017 the company targets 20 million euros in sales.