Massimo Zanetti Beverage Group S.p.A. sells La San Marco S.p.A. to Groupe SEB S.A.

Massimo Zanetti Beverage Group S.p.A. announced today that it has reached an agreement to sell La San Marco to Groupe SEB S.A., world leader in the production of small household appliances for professional and domestic use, listed on the Euronext in Paris ( 

The sale of La San Marco is in line with the strategic plan of Massimo Zanetti Beverage Group, of refocusing its activities on core-business on a worldwide basis. "We are very pleased to sign this transaction with Groupe SEB S.A, a well-known company in the sector, with whom we will continue to collaborate to expand the global development of La San Marco" - says Massimo Zanetti, Chairman of Massimo Zanetti Beverage Group – "This agreement will also allow our Group, which exceeded sales of 1.4 billion euro in 2022, to focus on our core business and on the growth of the Segafredo brand, synonymous with Italian espresso coffee since 1960, as well as our local markets brands, thanks to our ability to merge tradition with new market trends".