Liverpool Parnters acquires Padre Coffee
Private equity firm Liverpool Partners has announced it will acquire leading specialty coffee roaster, wholesaler and retailer, Padre Coffee.
The annoucement follows Liverpool’s majority acquisition in September 2021 of long-standing Australian owned and run Seven Miles Coffee Roasters.
Seven Miles Coffee Roasters, led by CEO Jenny Willits, will provide leadership oversight and develop a broader growth strategy for Padre Coffee and Seven Miles Coffee Roasters, plus their line up of local and national coffee blends.
“Seven Miles Coffee Roasters and Padre Coffee have both long shared a passion for the pursuit of exceptional coffee, backed by a focus on sustainability,” says Jenny Willits.
“Our customer-centric and people-focused approach, teamed with our combined capabilities will undoubtedly create an exceptional, curated line up of specialty and premium coffees.”
Padre Coffee and Seven Miles Coffee Roasters will continue to operate as separate brands within Liverpool’s portfolio, but under a newly formed umbrella organisation called Seven Miles Coffee Company (7MCC).
To ensure a smooth transition into 7MCC, Founder and Director of Padre Coffee Marinus Jansen will remain at the helm of the business while Director of Coffee Fay Kamanis will stay on an ongoing basis.
“At the heart of our company is our people, and we’ve always been committed to building a workplace culture that supports personal development, collaboration and teamwork,” says Marinus Jansen.
“The investment by Liverpool teamed with the opportunity to work side by side with a leading business like Seven Miles Coffee Roasters under the stewardship of 7MCC, will enable us to continue this focus while further expanding our business, in the right way.”
Liverpool Partners Managing Partner Jonathan Lim adds that the company is “excited about the prospect of further growth for both Padre Coffee and Seven Miles Coffee Roasters under the new 7MCC”.
“It will no doubt result in the most outstanding suite of coffee products in Australia,” Jonathan says.
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Source: Bean Scene Mag