Every Friday, Perfect Daily Grind rounds up the top coffee industry news from the previous week. Here are this week’s stories.
Mon, 28 Nov
- Lavazza to acquire French brand MaxiCoffee for undisclosed amount. The Italian company says the acquisition will accelerate the development of MaxiCoffee’s multi-brand e-commerce platform, as well as expanding Lavazza’s presence in the French market. Founder of MaxiCoffee Christophe Brancato will reinvest in the company to maintain a minority stake.
Tue, 29 Nov
Wed, 30 Nov
Thu, 1 Dec
Fri, 2 Dec
Here are a few news stories from previous weeks that you might find interesting. Take a look.
- Tue, 8 Nov – Tech start-up Carble secures US $314,000 to fund anti-deforestation software. The company uses satellite imagery to help commodity traders (including coffee) monitor carbon storage in their supply chains and identify areas to reduce carbon emissions. In turn, using Carble’s model, producers can be financially rewarded for mitigating deforestation on their farms.
- Wed, 23 Nov – Venezuelan coffee producers protest over “unfair” coffee prices. Around 200 farmers staged a protest in the capital city of Caracas to call on the Venezuelan government to set a “fair” price for coffee. According to the report, producers also claim the illegal influx of Colombian coffee into the country creates unfair competition.
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Want to keep up with current affairs in the coffee industry? Check out last week’s stories and make sure to read the latest Coffee Intelligence news piece on Volcán Chaparrastique and coffee production in El Salvador.