BaltCap-backed Coffee Address has acquired Latvian vending machine operator Kafe Serviss
Coffee Address Holding, the largest vending machine and coffee service company in the Baltics, currently owned by the private equity and venture capital firm BaltCap, has acquired a local Latvian coffee service company Kafe Serviss. The transaction will further strengthen the position of Coffee Address, improving both the product and service offering to its customers across the country.
Coffee Address is the largest company in the Baltics offering to-go coffee and coffee vending services for offices and HoReCa clients in Latvia, Lithuania and Estonia. Established in 1993, the company serves over 100,000 cups of coffee on a daily basis. Besides its regular coffee service, Coffee Address also offers a complimentary range of products, including sugar, tea and snacks, and provides private label solutions starting from customized blends all the way to packaging.
Established in 1998, Kafe Serviss is a vending machine operator in Latvia, offering coffee and convenience foods in the workplace, public spaces and the HoReCa sector. The company is the official distributor of Lavazza and KIMBO coffee in Latvia. It operates through two key business segments – operations of self-service vending machines, where it has more than 1,500 units across Latvia, and office coffee service, where it provides coffee machines and coffee products to offices and the HoReCa segment.
Oaklins’ team in Latvia acted as the M&A advisor on all aspects of the design, negotiation and closing of the transaction.
![](/api/deal-hero-image/105904/deal-hero-image.jpg)
![](/api/deal-party-images/105904/deal-parties.png)
![](/api/deal-client-photo/105904/deal-client-photo.jpg)
Viktorija Meiksane
Chairwoman, Coffee Address Holding
Prata med transaktionsteamet
Relaterade transaktioner
Tri Fire Limited has been acquired by Phenna Group
The shareholders of fire protection safety consultancy Tri Fire Limited have sold the company to testing, inspection, certification and compliance firm Phenna Group.
Lär dig merINNOTEX has been acquired by Clearspring Capital Partners
INNOTEX, a manufacturer of personal protective equipment for firefighters and first responders, has completed a strategic partnership with Clearspring Capital Partners.
Lär dig merPears welcomes Timing as new shareholder to support growth plans
The shareholders of Pears, a Netherlands-based provider of staffing services in the education and care sectors, welcome Timing, a Netherlands-based employment agency, as a new shareholder to support the company’s growth plans.
Lär dig mer