top of page

The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry

FoodBev Media Logo
Access more as a FoodBev subscriber

Sign up to FoodBev and unlock more insights from the international food and beverage industry. Subscribers have access to webinars, newsletters, publications and more...

Domino September - Website Banner - GS1 - 300x250.gif
Olam Food Ingredients completes acquisition of Club Coffee for CAD 150m
Rafaela Sousa

Rafaela Sousa

25 July 2022

Olam Food Ingredients completes acquisition of Club Coffee for CAD 150m

Olam Food Ingredients (OFI) has completed the acquisition of Club Coffee for CAD 150 million (approx. $116.5 million). Club Coffee is said to be one of Canada's largest coffee roasters and packaging solution providers to the at-home sector. The company serves private label customers and retail brands from its facilities in Toronto. The acquisition is part of OFI's strategy "to deliver sustainable, natural, value-added food and beverage ingredients and solutions through a diverse channel mix, to customers across the globe". OFI's managing director and CEO of coffee, Vivek Verma, said: “I am delighted to welcome Club Coffee into OFI. Bringing together our respective expertise in sustainable sourcing and innovative packaging, we are well-positioned to meet the increasing consumer demand in these areas, we expect to bring these benefits to our customers through this exciting combination.”

bottom of page