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Japanese drinks giant Asahi has added coffee to its beverage menu with the purchase of Auckland-based Allpress Espresso.
Source: 1 NEWS
Asahi's New Zealand chief executive Andrew Campbell said the purchase, for an undisclosed price, was a good fit for its local business and filled a gap in its broad offering.
"We've been impressed by their premium branding, commitment to flavour, quality customer service and track record of growth."
Allpress was founded in 1986 by Aucklander Michael Allpress and sells roasted coffee beans, coffee concentrate, and canned iced black coffee about 1500 cafes, restaurants and food service businesses, with another 500 wholesale customers.