Lavazza Acquires 17.71% Of Italy's IVS Group S.A

Lavazza, through FinLav S.p.A., the Italian coffee manufacturer's holding company, has acquired 17.71% of IVS Group S.A., the second player in Europe in the business of automatic and semi-automatic vending machines for the supply of hot and cold drinks and snacks, according to an IVS Group press release.

Comunicaffe International reports that this makes Lavazza the second largest shareholder of IVS Group.