illy caffe S.p.A, the Italian coffee company has agreed to sell a 20% stake to the global private equity firm Rhone Capital for 200 million Euros (US$ 238 million). Under the partnership with Rhone Capital, illy caffe leads the company into its next phase of international growth.
illy caffe was founded in 1933 in Italy by Francesco Illy (inventor of the modern espresso machine). Today the brand is . . .
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