Lavazza coffee capsules business strengthens in Italy with the acquisition

Milan (Reuters)-the Italian manufacturer of coffee Lavazza said on Thursday that it has acquired 80% of Nims, company from the same country specializing in door-to-door distribution and sales of machines and capsules.
For Lavazza, coffee is the fastest growing in Italy, so that the acquisition of the Nims will help to strengthen your presence in this market.
Located in Padua, the Nims is the fourth acquisition carried out by Lavazza in the last three years.
Under the agreement, buy the other 20% of the Lavazza Nims in a year.
The companies released no details about the deal. In 2016, the Nims recorded revenue of 110 million euros.