Friday, 30 April 2021, 9:06 am
Kiwi premium fresh coffee business
Allpress is set to continue its global expansion after being
purchased by Oceania’s leading beverages company Asahi
Beverages.
The move will accelerate the growth of the
homegrown success story, which will remain headquartered in
Auckland. The purchase also marks Asahi Beverages’ entry
into New Zealand’s $200 million fresh coffee market as it
expands its portfolio to meet the needs of more consumers as
well as strengthening its offering to cafes, restaurants,
licensed venues, and grocery stores.
Allpress was
founded in Auckland in 1989 by coffee pioneer Michael
Allpress with just one coffee cart in Victoria Park. It has