26 Nov '14, 6pm

Massimo Zanetti Opens 58,000-Square-Foot Vietnam Roasting Plant

The new Massimo Zanetti Beverage Group Ho Chi Minh roastery Banking on long-term growth in the Asian market throughout its brand spectrum, Massimo Zanetti Beverage Group has cut the ribbon on a multimillion dollar roasting facility outside Ho Chi Minh City, Vietnam. The 5,000-square-meter (approximately 58,000-square-foot) facility represents a massive consolidation of Massimo Zanetti’s roasting operations in Southeast Asia, after the company bought a 100 percent stake in the Singapore-based Boncafé Group earlier this year for $85 million. (related: Saudi Billionaire-Owned Company to Invest $500 Million In Ethiopian Coffee ) With an annual production capacity of 3,000 tons (approximately 50,000 sacks) of coffee, the facility will support the Segafredo brand and the company’s other traditional value-based brands, as well as other brands throughout Asia that MZB Group says m...

Full article: http://dailycoffeenews.com/2014/11/26/massimo-zanetti-ope...

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