Coffee to Italy: Breville snaps up specialty coffee group - The Australian Financial Review

The €113 million ($168.7 million) cash and share deal will be paid half in cash and half in Breville shares.

The transaction is expected to complete by early July 2022 after a restructure of Lelit. The company was founded in Castegnato, Italy in 1985 by Edoardo Epis. In its early days it specialised in iro… [+2360 chars]

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