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john conti Acquisitions

The john conti Coffee Company has purchased three coffee companies: CJ and Associates Coffee in Winchester, Kentucky; Sputnik’s Coffee in Evansville, Indiana; and Williams Food Service’s Coffee Service Division, in Louisville, Kentucky.

Larry Hollingsworth, president of john conti Coffee Co. stated, “The beauty of these acquisitions is that they all fold into our present route operations. We’ve spent the last two years concentrating on improving our service level, and now we are aggressively pursuing our sales growth.”

With the acquisitions, five new employees have joined the john conti team and will undergo training through the conti College of Coffee Knowledge.

John Conti, owner and founder of the company stated, “Looks like we hit a home run with this one. With three acquisitions within a month’s time, I can tell you that it’s exciting and very busy at our place of business. I am so proud of the way our team members have pulled together to make certain the customer is taken care of.” Roasting company, john conti Coffee Co., currently serves over 5,000 office, restaurant and institutional customers through it’s network throughout Kentucky, Indiana, Ohio, Illinois, Tennessee and West Virginia. The company is the leading importer and roaster of high quality gourmet coffees for offices, restaurants, supermarkets and specialty stores.

International Women’s Coffee Alliance Seeks Committee Members

The International Women’s Coffee Alliance (IWCA), a community of women committed to making a difference while making a living, is expanding and currently looking for volunteers to join the Event, Marketing, Development and Grant Program Committees. The Mission of IWCA is to empower women in the international coffee community to achieve meaningful and sustainable lives; and to encourage and recognize the participation of women in all aspects of the coffee industry. Volunteers with a variety of skills and experiences interested in working with others to help the IWCA achieve its mission are encouraged to contact IWCA Vice President, Andi C. Trindle at actbean@sbcglobal.net with inquiries or to request an application. For information regarding membership or committee descriptions visit www.womenincoffee.org.

Longbottom Celebrates 25th Anniversary

Longbottom Coffee and Tea, one of Oregon’s original specialty coffee roasters and distributors of fine teas, is celebrating its 25th anniversary. Longbottom offers over 400 varieties of regional, blended and shade grown 100% certified organic and certified Fair Trade coffees. All are roasted to customer specification and freshness dated the day of shipment.

“When we started 25 years ago, Longbottom had eight half bags of green coffee in our warehouse. Now we have 1,500 bags on a regular basis,” Michael Baccellieri, president and c.e.o. of Longbottom Coffee and Tea says. “Back then, a big month was 3,500 pounds, and now that would be a very small day.”

With private label programs, Longbottom offers high-volume restaurants, grocery, specialty retailers and large national chains the ability to successfully customize their own specialty coffees. Longbottom offers a tremendous amount of resources to help their customers succeed, from training, marketing assistance, newsletters, volume pricing, private label programs, merchandising, customer packaging options to one stop shopping.

Longbottom’s newest coffee - Celebration Blend - has been crafted by Longbottom to celebrate their 25th anniversary. Celebration Blend is a mix of Black Gold and Kenya coffees combined to form a medium to dark roast blend.

The Longbottom facility boasts a complete roasting plant with a Sivetz roaster, corporate offices and a full service coffeehouse deli and bakery, which is over 24,000 sq. ft. The company is located at: 4893 NW 235th Avenue, Hillsboro, Oregon 97124, Tel: +(1)(503) 648-1271.

The Roasterie Grows Again

The Roasterie, Inc (Kansas City, Missouri) has purchased a larger building to house its roasting and packaging facility. The new location at: 1204 West 27th will more than double its square footage and allow space for new equipment and packaging lines including the purchase of a new Sivetz air roaster that will more then double the companies roasting ability.

This is the fourth location for the Roasterie that was started in December of 1993 by Danny O’Neill, past president of the SCAA, in the basement of his house in Kansas City. The Roasterie’s phenomenal growth has allowed it to add 15 additional employees in the last year. The new roasting facility will package coffee and tea products under The Roasterie name.

Intercontinental Exchange To Acquire NYBOT

Intercontinental Exchange (NYSE: ICE), a leading electronic energy marketplace has entered into a definitive merger agreement to acquire the New York Board of Trade (NYBOT), a leading soft commodity exchange, for approximately $1 billion. The transaction consideration will comprise 10.297 million shares of ICE common stock and $400 million in cash. Upon consummation, NYBOT will become a wholly owned subsidiary of ICE.

“The combination of two global and rapidly growing commodity marketplaces, together with a highly respected clearinghouse, allows us to expand ICE’s offerings for market participants, as well as create long-term shareholder value,” said ICE’s Chairman and CEO Jeffrey C. Sprecher

Prior to consummation of the merger, ICE has agreed to make its widely distributed commodity trading platform available to NYBOT on reasonable commercial terms for the electronic trading of its products. “The NYBOT and its membership believe this combination is an exceptional opportunity to capitalize on the strength of each partner to create and participate in an unparalleled commodity marketplace,” said Frederick W. Schoenhut, chairman of NYBOT.

“It was essential for our future growth to partner with a rapidly expanding exchange such as ICE,” said C. Harry Falk, NYBOT president and c.e.o. “While we considered a number of qualified potential partners, we feel this agreement with ICE is the best fit for our exchange and our long-term goals. This merger provides our unique traditional markets the resources necessary to provide greater access and a higher level of service to our global users. It will allow us to continue using open-outcry trading, while providing a state-of-the-art electronic trading capability, thus giving our market participants a choice in how they wish to trade.”

ICE expects the transaction to be accretive within 12 to 18 months of closing, as full run-rate synergies are achieved.

Separately, a full seat at NYBOT hit an all-time high of $1 million on September 20, 2006. The previous record of $950,000 was reached one day earlier.

Miko acquires U.K.’s Collingwoods Coffee & Tea

Dutch coffee roaster, Miko has acquired the U.K.-based Collingwoods Coffee & Tea company. Collingwoods Coffee & Tea is a small coffee service operator, which supplies the catering market in Bristol, England with espresso coffees and related products. The transferred turnover amounts to 470,000 EUR. The activities were acquired by Exeter-based Miko Coffee South West, which will use this platform to expand its geographical territory. After London, Bristol is the largest conglomerate in the South of England. Up to now, this large market was only reached sporadically, mainly due to the distance from Exeter being too far to offer a proper service. Miko Coffee South West will keep the depot in Bristol and will invest in further growth by recruiting an extra sales person and engineer.

Miko Coffee South West is a fully owned subsidiary of Miko which in 2005 achieved a turnover of 2.6 million EUR with 17 staff members.

International Coffee Plaza Being Built in Hamburg

In 2008, a unique office center for coffee - the International Coffee Plaza - will arise at Am Sandtorpark in Hamburg’s HafenCity, Germany. Three buildings (within an area measuring 16,000-sq.m.) are being developed by architect Richard Meier & Partners of New York, and will offer an attractive and shared domicile for coffee-related companies located not only in Germany, but also for those further beyond. The center is targeted at market players of the new and old coffee culture, especially import and trade, roasters, suppliers of technology services, other coffee related service-providers, operators of coffee shops and specialty dealers, consulates and ambassadors of coffee countries, representatives, associations and organizations.

It is at this center of interaction that occupants faced with market challenges, ranging from roasting investments, concepts for coffee shops, to any quality inquiries or other green coffee topics, risk management or logistics, will find high-competence solutions.

The excellent conditions at this location militate for the development of a coffee center taking place amidst the HafenCity, Europe’s largest urban development project of this decade, creates an opportunity that will further strengthen and advance Hamburg’s position as a premiere coffee location in Europe.

The chairman of the Supervisory Board of Neumann Gruppe, Michael R. Neumann initiated the development of the International Coffee Plaza. “This joint and unique location will bring new impetus to the coffee business. Our traditional product will remain a ‘heavyweight’ in the HafenCity. All residents will benefit from the proximity, the concentrated competence and the resulting synergy effects,” said Michael R. Neumann.

The International Coffee Plaza already has many strong proponents. Hamburg’s First Mayor, as well as the city’s Senator for Economy and Labor, both assured their full support for the International Coffee Plaza.

For more information, contact: Winifried Tigges, Mobile Tel: +49 (0160) 973 35 720, E-mail: wtigges@internationalcoffeeplaza.de; Peter Sielmann, Tel: +49 (40) 361 23 404; E-mail: psielmann@internationalcoffeeplaza.de.

Former SCAA Executive Indicted

According to a statement issued by the Long Beach Police Department on October 13, former c.o.o. for the Specialty Coffee Association of America (SCAA), Scott Welker, has been indicted by a federal grand jury for theft and wire fraud, including misappropriation of federal grant funds. SCAA president, Rob Stephen, said, “Once we’ve had an opportunity to thoroughly review the charges issued by the Grand Jury, the SCAA will issue additional details.”

A crime report was initiated in September of 2005 by SCAA alleging financial losses. The investigation is on going and according to the Long Beach Police Department additional indictments are expected. Anyone with information regarding this incident is asked to contact Long Beach Police Forgery/Fraud Detective Greg McMullen at +(1)(562) 570-7330.

Starbucks Recalls 8-Cup Coffee Brewers Due to Possible Fire Hazard

The U.S. Consumer Product Safety Commission, in cooperation with Starbucks Coffee Company announced voluntary recalls of the Starbucks Barista Aroma Stainless Steel 8-Cup Coffee Brewers product. Consumers should stop using recalled products immediately unless otherwise instructed.

The coffee brewer has defective electrical wiring that can result in overheating, smoking, burning and melting, posing a possible fire hazard. Starbucks has received 23 reports of melting in the plastic housing of the brewers. No injuries have been reported.

This recall includes the Starbucks Barista Aroma 8-Cup Coffee Brewer only. “Starbucks Barista Aroma” is embossed on the front of the brewer and the brewer has silver control panel buttons and a chrome finish and has only been sold at Starbucks’ locations between March 2005 and September 2006 for about $100. The Starbucks Barista Grande 12-Cup Coffee Brewer and Starbucks Barista Solo Coffee Brewers are not included in this recall.

For more information, consumers should contact Starbucks Barista Aroma recall hotline at +1 (800) 453-1047, web: www.starbucks.com.

To submit a press release or for further information on Trade News, please contact editor@teaandcoffee.com.

Tea & Coffee - November/December, 2006
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