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Lavazza plans to take over Munich's traditional company Dallmayr!
Lavazza is planning to take over the Munich-based delicatessen company Dallmayr in order to address rising raw material costs in the coffee industry.
Lavazza plans to take over Munich's traditional company Dallmayr!
There is a lot of turmoil in the world of coffee. The Italian group Lavazza has its eye on the traditional Munich family business Dallmayr. According to reports in the Italian daily newspaper Corriere della Sera Lavazza, a family business with a long history, is said to be seriously considering a takeover of Dallmayr. However, when asked, Lavazza did not comment on these rumors, and Dallmayr also remains confidently silent and states that it generally does not comment on speculation about the company.
The background to the discussions is not exactly confusing: raw material prices for coffee rose by an average of 70 percent in 2024, which is putting the entire industry under pressure. Lavazza, eager to expand its market share, plans to expand into Germany to address challenges in the coffee industry. According to the reports, the dialogue between the two companies is being led by US investment bank Goldman Sachs, with negotiations at an early stage.
Who is Dallmayr?
Dallmayr has long been a household name in Munich. The company is not only known for its delicatessen in Munich's old town, but is also one of Germany's outstanding coffee roasters. Every year, over 75,000 tons of roasted coffee are produced at various locations in Germany. Dallmayr sells coffee both in grocery stores and directly to hotels, bars and restaurants. Since 1933, coffee has been the focus of the company, which operates under the umbrella company Alois Dallmayr KG and has annual sales of around 1.2 billion euros.
The history of Nestlé's investment is particularly exciting: the food giant originally acquired 51 percent of Dallmayr Kaffee OHG in 1985, but in 2015 the Dallmayrs bought back their shares. This means that the company remains in family hands, which is crucial for the character and identity of Dallmayr.
Lavazza on course for growth
On the other hand, Lavazza also has big plans. The company, which was founded 130 years ago in Turin, can look back on sales of 3.35 billion euros in 2024 - an increase of 9.1 percent compared to 2023. With all this growth, there are also challenges on the agenda. The coffee industry is under heavy strain from unpredictable weather conditions, wars and rising raw material prices, and experts warn of the consequences of climate change, which the coffee-growing areas are unable to cope with.
The planned merger with Dallmayr could take place through a share swap, with Lavazza seeking a majority stake in the Munich company. This would be the second acquisition for Lavazza in less than two years, after the company made a takeover bid for the Italian market leader in the automatic coffee and beverage supply sector, IVS, in 2024. Lavazza currently holds 49 percent of IVS and has the option to take full control between 2027 and 2034.
Given the evolving situation, it remains to be seen how the negotiations will develop. A merger of these two traditional companies could open up exciting prospects for coffee lovers in the region. The news agency also reports on possible opportunities that could arise from the merger as the industry faces the challenges of the future.