KAFFA OBTAINS Q-GRADER CERTIFICATION
KAFFA IN PARTNERSHIP WITH CUCA ROSETA REINFORCES THE BRAND’S PORTUGALITY
The entry of the private equity fund manager into Kaffa's capital is realized through the Oxy Capital II Fund.
The strategic partnership aims to enhance the modernization and internationalization of one of the world's leading players in the manufacture of coffee capsules: Kaffa Cafés
The agreement, between one of the leading companies in the national coffee capsules market and one of the main Portuguese venture capital fund managers, will allow Kaffa to consolidate its prominent position in the national market and reinforce the company's future growth plan, which includes internationalization and strengthening the innovation and product development processes.
Oxy Capital, is a Portuguese venture capital fund management company founded in 2012, which since then has made more than 60 investments in various sectors, in the Portuguese market.
Kaffa Cafés was founded in 1960 by the father of Oscar Galvão (the company's current managing partner) who, at the time, wanted to remain connected to the business of his grandfather, who founded the iconic coffee shop "A Brasileira" more than a century ago.
About this agreement, Óscar Telles de Noronha Galvão, President of Galvão & Noronha, owner of the Kaffa brand says, "It is with great satisfaction and enthusiasm that I embrace this new project with Oxy Capital, believing in the modernization and sustained growth of Kaffa, counting on employees, suppliers, and customers in this challenging project.
According to Daniel Viana, Partner at Oxy Capital, "Oxy Capital has been impressed by Kaffa's performance in recent years, supported by the high commitment and dedication of its team to its clients. We are very excited to, under the good management of CEO Oscar Galvão, support Kaffa in its long-term growth plan nationally and internationally."
In 2004, Kaffa entered the coffee capsule segment, introducing this product for the first time in modern Portuguese distribution. This strategic entry into the capsule sector has helped the brand to penetrate the national coffee universe even more successfully. The constant expansion in the national market, and consequently in the homes of the Portuguese, is the result of a strong innovation and production capacity that currently reaches more than 250 million coffee capsules per year.