Business activity and description
Drie Mollen is one of Europe’s leading premium specialty coffee roasting companies, enjoying a top ten position in the European coffee and tea market through operations spread across the Netherlands, United Kingdom, Switzerland, Spain, France and Germany. In addition, it has developed a strong position in over 15 export markets. The company’s turnover was approximately € 300 million in 2007. Drie Mollen employs 900 staff and has an annual production of over 50,000 tonnes.
Deal Information
- Deal size:Undisclosed
- Deal size at exit:Undisclosed
- Date of investment:November 2002
- Date of exit:January 2008
- Sold to:CapVest
Investment rationale and value creation
During the time of the investment, management and AAC Capital Partners pursued a clear, focused strategy that combined impressive organic growth with a number of acquisitions. This has transformed Drie Mollen into a Europe-wide player uniquely positioned between large branded international and small local coffee roasters.
All of the acquired companies have been successfully integrated within Drie Mollen, giving the group a leading position in the European market for private labels and leading local positions in the higher end of the out-of-home espresso market in the Netherlands, UK, Switzerland and Spain. Drie Mollen is now in perfect shape, with a track record of successful international expansion, to enter a new phase of profitable European growth.
