Seven Miles Coffee Company (7MCC) says it has completed its goal to become an end-to-end coffee solution business after adding technical services, training and sustainability capabilities through the creation of its new Coffeesmith and Coffee Next divisions
7MCC CEO Jenny Willits. 7MCC aims to build an Australian-owned, Australia-run coffee supply group with a comprehensive offering | Photo credit: Seven Miles Coffee Company
Australian coffee group Seven Miles Coffee Company (7MCC) said it has added new technical services and barista training capabilities with the introduction of Coffeesmith and Coffee Next.
7MCC CEO Jenny Willits said that the addition of the two companies will realise the group’s ambition to be Australia’s ‘leading complete coffee solution’.
Coffeesmith will complement the group's existing coffee equipment business, ABC, and will provide direct technical services and tailored maintenance programmes, Willits added. Additionally, Coffee Next will focus on innovation, research and development, including barista training and sustainability solutions.
“During the past year Seven Miles has expanded with a simple aim in mind; to build an Australian-owned, Australia-run coffee supply group with a comprehensive offering. The scale of this new total coffee solution enables sustained business growth by servicing a much broader range of industries, while continuing to focus on excellence in product and service for our customers,” said Willits.
“Introducing two capabilities to our brand portfolio enables new and existing customers to access all their coffee requirements through one company."
The announcement follows private equity firm Liverpool Partners acquisition of Padre Coffee earlier this year, which joined the specialty coffee roaster, wholesaler and retailer with Seven Miles Coffee Roasters under the newly formed 7MCC group.
The 7MCC acquisition follows several major M&A investments in the Australian retail coffee market in the last few years.
In April 2020, Japanese beverage giant Asahi Beverages acquired specialty coffee roaster and café business, Allpress. In June 2021, JAB Holding-backed JDE Peet’s purchased Australian coffee roaster, retailer and coffee shop business, Campos Coffee, for an undisclosed sum.
More recently, in February 2022, Japan’s UCC Holdings acquired Australian coffee business group, Suntory Coffee Australia, which is comprised of major brands including Toby’s Estate, Caffe L'Affare, and Atomic Coffee Roasters, for $158.4m.