illy

The Illy family sold a 20% stake in the business to private equity firm Rhone Capital in 2021.

In the 1990s, Illy Caffe cultivated and roasted a low-caff species called Coffea Laurina, a coffee with a mild body and almost sweet flavor.

Riccardo Illy, chairman of the Polo del Gusto food group that owns French tea brand Damman Freres and chocolate label Domori, feared Italy will miss out on some of the promised EU funds for its post-COVID recovery.

“I’m a coffee lover, but decent ones like Illy or Lavazza have doubled in prices.”

The stance of this organization, the Bethel board declaimed, displayed “illy concealed hatred” toward African Americans.