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Asahi Beverages has acquired Allpress Espresso, which supplies over 1,500 tons of coffee beans to boutique cafes and restaurants worldwide annually.
The deal marks Asahi’s entry into the Australian fresh coffee market.
Founded in 1989 in New Zealand, Allpress has expanded in Australia, UK, Japan, and Singapore.
While Allpress mainly sells coffee beans to food service establishments, it recently launched a specialty iced coffee drink and a cold coffee concentrate. The company also sells directly to consumers online and through over a dozen Allpress cafes.
Asahi Beverages is one of the leading beverage companies in Australia and New Zealand. It markets quality alcohol and non-alcohol beverages and is a member of Asahi Group Holdings, a leading Japanese beverage company.
The Allpress management team will remain in place, while founder Michael Allpress will remain with the company as an ambassador.
More than 240 full-time employees work at Allpress and all jobs are said to be safe.
Asahi Beverages Group CEO, Robert Iervasi, said they were impressed with Allpress's premium branding, commitment to flavor, quality customer service, and track record of growth.
Allpress is expected to grow under Asahi’s ownership.
