Italy’s Illy Coffee Attracts Interest From JAB and Nestle | Rabobank

Italy’s Illy Coffee Attracts Interest From JAB and Nestle

July 17, 2018

Family-owned Italian coffee maker Illy Coffee is one of the biggest independent roasters still in the business. Most other independent chains and smaller brands have been consolidated among the three major coffee industry players – Nestle, JAB and Starbucks Corp. – reports Bloomberg. “It’s tougher and tougher to compete without growing. As the market consolidates around you, staying the size of an Illy or even a Lavazza becomes more difficult,” Senior Beverage Analyst Jim Watson told Bloomberg. “As they all get bigger, and even as Lavazza gets bigger, it definitely puts Illy’s place at risk.”