illycaffè Announces Closing Of Strategic Investment By Rhône Capital

Rhône was chosen for its ability to contribute to illy's international footprint expansion, particularly in the US, and will serve as a resource to further strengthen the Company's platform in executing its growth plans. The partnership with Rhône represents another key milestone on the path to firmly establishing illycaffè as a management-led company underpinned by the continued solid strategic vision of the family. This strategic decision will further solidify the global leadership position of illycaffè and complement the generational transition that has already begun with the appointment of the fourth generation of the Illy family to the Board of Directors, who enthusiastically approved this new partnership.

Rhône was chosen for its ability to contribute to illy's international footprint expansion, particularly in the US, and will serve as a resource to further strengthen the Company's platform in executing its growth plans. The partnership with Rhône represents another key milestone on the path to firmly establishing illycaffè as a management-led company underpinned by the continued solid strategic vision of the family. This strategic decision will further solidify the global leadership position of illycaffè and complement the generational transition that has already begun with the appointment of the fourth generation of the Illy family to the Board of Directors, who enthusiastically approved this new partnership.

Interview opportunities with:

Logo - https://mma.prnewswire.com/media/1445442/illy_Logo.jpg