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Create world-leading manufacturer of coffee machines 080311
Swedish Coffee Queen and Spanish Crem create world-leading manufacturer of coffee machines
The Swedish and Spanish coffee machine manufacturers Coffee Queen and Crem, are together creating the world’s leading player on the coffee machine market. The Möller and Olaso families, who founded and built Coffee Queen and Crem, respectively, will be part-owners, along with the managements of the two companies. The two companies have combined annual sales of around EUR 60 million. The objective is to double sales over a five-year period
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