Wicklow-based McCabe’s Coffee was bought by one of Spain\u2019s largest coffee companies Cafento.<\/p>\n
McCabe’s said it will continue to operate as an independent brand from its Irish headquarters, maintaining the same team, existing supplier and customer relationships.<\/p>\n
The conditions of the deal are not being disclosed.<\/p>\n
McCabe’s Coffee is among Ireland\u2019s pioneering micro-roasteries, evolving from a small family roasting venture into a leading specialty coffee business. The 27-year-old business supplies more than 450 independent caf\u00e9s across the island of Ireland.<\/p>\n
This is Cafento’s second Irish acquisition after Java Republic in 2019.<\/p>\n
The family-run international coffee group goes back to 1930 with headquarters in Tineo in northern Spain.<\/p>\n
Cafento employs over 600 people with a production capacity of 21 million kilos per year.<\/p>\n
It has an extensive distribution network throughout Spain, whilst consolidating its position in France and Central Europe.<\/p>\n
Announcing the acquisition the CEO of the Spanish company Paula Rodr\u00edguez said that Ireland is an important market for her business.<\/p>\n
“This partnership brings together two family-owned businesses that share the same values and the same long-term approach.”<\/p>\n
Management team at Cafento said they see “clear potential to grow McCabe\u2019s brand and take it to beyond Ireland over time.”<\/p>\n
The co-founder of the Irish brand, Stephen McCabe, said he is “proud of the product” and “the relationships developed along the way.”<\/p>\n
“In choosing a partner for the future, it mattered that they understood what makes McCabe’s special. Cafento brings continuity for our customers, employees and suppliers, alongside the backing to keep growing.”<\/p>\n","protected":false},"excerpt":{"rendered":"Wicklow-based McCabe’s Coffee was bought by one of Spain\u2019s largest coffee companies Cafento. McCabe’s said it will continue…\n","protected":false},"author":2,"featured_media":555298,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[72,61,60],"class_list":["post-555297","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/555297","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=555297"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/555297\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/555298"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=555297"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=555297"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=555297"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}