Lavazza to acquire a minority stake in IVS Group for €185m.

Lavazza, an Italian coffee roaster, offered to acquire a minority stake in IVS Group, a vending machine operator, for €185m. "The structure of the operation, in the event that, starting from 2027, the options provided for in the agreements are exercised, would allow the Lavazza Group to strengthen its ability to compete with other major coffee players on the international stage, thanks to an increasingly significant scale, particularly in the strategic Vending channel," Antonio Baravalle Lavazza CEO.