Lavazza completed the acquisition of Maxicoffee from 21 Invest.

Lavazza, an Italian manufacturer of coffee products, completed the acquisition of Maxicoffee, a manufacturer of coffee vending machines and products, from 21 Invest, a private equity firm. Financial terms were not disclosed. "The acquisition of MaxiCoffee will enable us to consolidate our positioning in France, which has always been a key market for the Group, and to strengthen our e-commerce footprint by increasing our presence in the B2C/consumer market. The operation allows us to extend our already excellent and extensive sales and distribution partner network with a solid and leading company in its reference market," Lavazza.