Lavazza Group Announces Davide Riboni as President of Lavazza Professional NAAP
NEW YORK, June 16, 2020 /CNW/ -- Lavazza Group, the Italian Coffee manufacturer founded in 1895, is delighted to announce the appointment of Davide Riboni, President of the North and Latin American Lavazza businesses (known as LPCC, or Lavazza Premium Coffee Company) to also lead as President of Lavazza Professional NAAP (North America Asia Pacific). The appointment expands Riboni's duties to lead both portfolios, which include the Flavia system and Lavazza Expert range, products key to the goal of leading the OCS segment.
Davide brings 6 years of experience within the Lavazza Group. He led the Group Commercial Strategy department in HQ in Turin, Italy from 2014 to 2016, before moving to the US to become President & CEO of LPCC. Davide has led LPCC through a deep turnaround, resulting in a doubling of the business size. Prior to joining Lavazza Group, Davide spent several years working in the Consumer & Retail practice of AT Kearney and The Boston Consulting Group.
The appointment comes as part of the Lavazza Group's ambitious plans for the future, to further reinforce its position as a leader in the coffee business. This announcement follows a number of successful acquisitions, expanding Lavazza from an Italian company with international distribution, to a multi-national, multi-brand, global business with continued plans for growth. Lavazza Group saw a revenue increase of over 18 percent in 2019, following organic growth and acquisitions, including the purchase of the Drinks business from Mars Inc. in 2018 (now Lavazza Professional Business Unit).
About Lavazza Group
Lavazza, founded in Turin in 1895, has been owned by the Lavazza family for four generations. As one of the world's most important coffee roasters, the Group now operates in more than 140 countries through its subsidiaries and distributors, with 70%of turnover generated on international markets. Lavazza employs a total of over 4,000 people and in 2019 generated sales of € 2.2 billion. Companies that form part of the Lavazza Group include France's Carte Noire and ESP (acquired in 2016 and 2017 respectively), Denmark's Merrild (2015), North America's Kicking Horse Coffee (2017), Italy's Nims (2017), and the business of Australia's Blue Pod Coffee Co (2018). At the end of 2018, following an acquisition, the Lavazza Professional Business Unit was created, which includes the Office Coffee Service (OCS) and Vending systems Flavia and Klix.
Contact:
Will Davis
[email protected]
212-463-7245
SOURCE Lavazza Group
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