Refreshment focuses on the water dispenser/cooler, office coffee service and vending sectors, while also taking an in-depth look into products for vending from bottled water and drinks, to snacks and confectionery. It also focuses on hydration, health and wellness, new technologies and environmental and social responsibility issues.
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Lavazza Professional has announced the acquisition of Scottish vending operation SV24-7 Vending (Stirlingshire Vending).
SV24-7, a family business with over 60 years of vending industry experience, offers vending and office coffee services, including micro markets.
Ken MacIsaac, UK business leader at Lavazza Professional, said: “By welcoming such a well-established and reputable provider to the Lavazza Professional family, we can continue to deliver a ‘one-stop-shop’ solution for machines, drinks, snacks and exceptional service to customers in the central belt of Scotland; from Glasgow to Edinburgh, to Tayside and everything in between”.
He added: “The changes have been well received, and we’re looking forward to unlocking the opportunities that the acquisition presents".
Fiona Chambers, former director of SV24-7, commented: “Over the years, we built our business on providing our clients with the most effective vending solutions, underpinned by our commitment to service excellence and a product portfolio tailored specifically to the needs of each client – aligning perfectly with Lavazza Professional".
“We have built strong relationships with our customers over the last 11 years, so with both businesses sharing the same values, it was a logical step for us to move the operation when the opportunity arose.”
Terms of the transaction were not disclosed.