Coffee News Recap, 7 Jun: Oatly shelves plans for UK factory, Sucafina agrees to acquire Mercon assets in Vietnam & other stories

Coffee News Recap, 7 Jun: Oatly shelves plans for UK factory, Sucafina agrees to acquire Mercon assets in Vietnam & other stories

Coffee News Recap, 7 Jun: Oatly shelves plans for UK factory, Sucafina agrees to acquire Mercon assets in Vietnam & other stories

Every Friday, Perfect Daily Grind rounds up the top coffee industry news from the previous week. 

Here are this week’s stories – the word of the week is acquisitions.

Mon, 3 Jun

  • Nespresso to launch in India by end of 2024. The first Nespresso boutique store will open in Delhi, with plans to expand to other key cities. Additionally, the brand will be available online through e-commerce platforms, aiming to bolster its market presence. (Nationwide, India)
  • Oatly scraps plans to open UK factory. The Swedish oat milk company has cancelled plans to build its first UK production facility, which was expected to create 200 jobs. The decision was made to explore other options for serving the UK market by utilising existing facilities across Europe. (Peterborough, UK)

Tue, 4 Jun

  • AeroPress launches Go Plus Coffee Travel System. The AeroPress Go Plus includes three-in-one brewing technology with an AeroPress Clear that fits into a stainless-steel tumbler with a leak-resistant lid. The brewer also comes with a custom scoop, stirrer, and filter holder. (Palo Alto, California, United States)
  • Sovda releases new blender. The Sovda Blend can combine 85kg (or 100kg for lighter roasts) of coffee in as little as nine minutes to improve roasters’ operational efficiency when developing and creating their blends. (Portland, Oregon, United States)

Wed, 5 Jun

  • Sixth edition of Coffex Istanbul to open doors on from 27 to 30 June. Coffex is the biggest international trade show for coffee companies in the Middle East. The event will take place at the Haliç Congress Centre, where roasters, traders, business operators, and equipment manufacturers will exhibit their products and network with industry professionals. (Istanbul, Turkey)

Thu, 6 Jun

  • Cup of Excellence El Salvador sets new record. Ten coffees scored over 90 points, which has set a new record for the competition. The highest-scoring coffee across all three categories was a 92-point honey processed Pacamara from Finca La Bendicion. The auction will take place on 18 July.
  • EasyJet to serve Costa Coffee on flights. The airline will offer Costa Coffee cappuccinos, lattes, and salted caramel lattes on flights as part of its EAT.DRINK.SHOP service. This partnership replaces the previous coffee service supplied by Segafredo. (Luton, UK)
  • Karali Group acquires UK premium doughnut and coffee chain Crosstown. The acquisition includes Crosstown’s 27 locations, which encompasses stores, trucks, market stalls, and retail concessions. Crosstown staff will remain at the company, including CEO Howard Ebison. UK-based Karali Group, which operates various fast-casual concepts, will manage Crosstown through its Karali Snacks Limited subsidiary. (London, UK)
  • Forest Coffee’s Huila Condor and Black Condor auctions scheduled for July and August 2024. Forest Academy’s Black Condor project supports over 100 families in Tolima, Colombia affected by conflict, while the Huila Condor Project provides female producers with resources and tools to improve coffee quality. The two auctions will sell the highest-quality coffees from both projects, with all price premiums sent directly to the producers. (Bogotá, Colombia)

Fri, 07 Jun

  • Second edition of Expo Cafeto will take place on 20 & 21 July 2024. Organised by Flick Producciones, the event will include a trade show exhibition featuring key players in the country’s specialty coffee market, public and private coffee tastings, and two competitions: Cafeto Brew Off and Cafeto Latte Art. (Córdoba, Argentina)
A Vietnamese coffee producers places coffee cherries in sacks.A Vietnamese coffee producers places coffee cherries in sacks.

Here are a few coffee news stories from previous weeks that you might find interesting. Take a look:

  • Thu, 30 May – SCA Turkey Chapter announces new elected committee. With six professionals nominated for the positions, and five accepting, no election was held. The new committee members are:
    • National Coordinator: Elif Unal
    • Events Coordinator: Mertcan Karaagac
    • Judges Coordinator: Deniz Tasdemir
    • Marketing & Community Coordinator: Ugur Asilsoy
    • Education Coordinator: Cem Tolga Izmiroglu

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Want to keep up with current affairs in the coffee industry? Check out last week’s coffee news stories and make sure to read the latest Coffee Intelligence News & Opinion piece about why Australians prefer to drink their coffee at home.