Java Republic Considers M&A Amid Rising Coffee Prices
Deal News | Jan 12, 2025 | EIN
Java Republic, a significant player in the coffee industry, is contemplating mergers and acquisitions to bolster its future growth. The firm recorded sales of €14.7 million last year, with operating profits of €707,103. In 2019, Java Republic was acquired by the Spanish coffee group Cafento for an estimated €30 million. Managing Director Jeffrey Long stated that, with the support of its owner, Java Republic could explore acquisition opportunities in response to rising coffee bean prices and potential market consolidation. Despite challenges like rising costs and supply chain issues, Long maintains an optimistic outlook, supported by improvements in sustainability and increased sales. The company is focusing on innovation to meet shifting consumer demands, particularly in premium and ethically sourced coffee. Java Republic was founded in 1999 by David McKernan and has grown considerably, with over 1,200 venues serving its products.
Sectors
- Beverages
- Mergers & Acquisitions
- Sustainable Business Practices
Geography
- Ireland – Java Republic is one of Ireland’s largest coffee and tea brands, with a significant market presence in the country.
- Spain – Java Republic was acquired by the Spanish coffee group Cafento, indicating significant influence from Spain in its corporate decisions.
Industry
- Beverages – Java Republic operates within the Beverages industry, focusing on coffee production and distribution.
- Mergers & Acquisitions – The article discusses Java Republic's potential interest in pursuing mergers and acquisitions to fuel growth amid rising coffee prices.
- Sustainable Business Practices – Java Republic has made significant strides in sustainability, including reducing gas consumption and CO2 emissions, aligning with growing consumer demands for environmentally friendly practices.
Financials
- €14.7 million – Java Republic's sales for the last financial year.
- €707,103 – Java Republic's operating profit for the last financial year.
- €30 million – Approximate value of Java Republic's acquisition by Cafento in 2019.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Java Republic | Target company | Company | A major coffee and tea brand in Ireland, focusing on premium and sustainable products. |
| Cafento | Owner | Company | A Spanish coffee group that acquired Java Republic in 2019. |
| Jeffrey Long | Managing Director | Person | Managing Director of Java Republic, expressing the company's strategic direction towards potential M&A. |
| David McKernan | Founder | Person | Founder of Java Republic, who put the company up for sale leading to its acquisition by Cafento. |