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Breville buys LELIT to expand coffee maker range

Manufacturing News

International consumer product group Breville has purchased Italian coffee machine, grinder and barista tool manufacturer LELIT, expanding its range of offerings to the home coffee maker market.

The Sydney company will pay $201 million to acquire 100 per cent of LELIT – half will be paid in cash with the remainder paid in Breville shares, with key members of the LELIT management team joining Breville Group.

Founded in Castegnato, Italy in 1985 LELIT manufactures coffee equipment and markets internationally under the LELIT and Baratza brands.

The purchase will round our Breville’s own range with new espresso equipment, and bring opportunity to increase market penetration of LELIT brand appliances outside Italy.

LELIT also manufactures domestic ironing equipment.

Breville CEO Jim Clayton said the purchase brought together coffee cultures of Australia and Italy.

He said: Both companies have a shared passion for using product innovation to improve customers’ coffee experience at home, and we look forward to working alongside LELIT to further accelerate its growth and product innovation.”

Picture: Lelit Bianca

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