ITALY – Alto Partners-backed Rancilio acquires Egro Coffee

The deal was carried out though a capital increase in Rancilio, increasing Alto Partners' stake in the company from the 16% acquired in October 2007 to 31%.

Egro Coffee Systems is a well established brand in the superautomatic coffee machine segment of the market. The company was established in 1849 and employs 80 staff across offices in Switzerland, Germany and Hong Kong, recording CHF 25m turnover last year.

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• Topics
• Expansion
• Southern Europe