Italy
illycaffè is an Italian family business founded in Trieste in 1933, known for its commitment to offering the finest coffee to the world. The company produces a unique 100% Arabica blend, combining 9 of the best varieties in the world, selected by illycaffè. With over 8 million cups consumed daily in 140 countries, illy has established itself as a standard-bearer of espresso. The company has made significant contributions to coffee technology and pioneered direct sourcing, paying premium prices for quality and sustainable development principles. Additionally, illy founded the University of Coffee to spread its culture and provide training for coffee growers, baristas, and enthusiasts.
Art and beauty are integral to the illy brand, reflected in its logo designed by artist James Rosenquist and the renowned illy Art Collection, featuring cups designed by international artists. In 2021, illycaffè achieved a turnover of approximately €500 million, with 1305 employees and 205 single-brand shops in over 40 countries. It also obtained B-corp certification, signifying its dedication to high standards of social and environmental performance, transparency, and responsibility.
In 2021, Rhône Capital became a minority shareholder in illycaffè, investing in a Private Equity Round to support the company's international growth. This strategic move aligns with illy's sustainable targets and commitment to creating enduring shared value for a better world.
