Coffee roaster and hospitality services provider Miko Group is strengthening its position in the Belgian out-of-home coffee market with the acquisition of Beyers Koffie’s out-of-home activities in the country
Miko Group has assumed the assets and clientele of its Beyer’s out-of-home business unit | Photo credit: Beyers Koffie
Coffee roaster and services company Miko Group has announced it has taken over the Belgian out-of-home activities of Beyers Koffie.
As part of the agreement, Miko Group has assumed the assets and clientele of its Beyer’s out-of-home business unit. Three Beyers Koffie sales executives will also move to Miko Group to ensure the continuity of customer services.
Founded in Antwerp in 1880, Beyers Koffie roasts coffee primarily for third parties as well as many private labels for well-known retailers such as Hema, Carrefour, Lidl, Aldi and Amazon.
“We are pleased that with this acquisition we are further strengthening our position in the out-of-home market in Belgium. With almost 100 employees in the Belgian market who are dedicated to service we have developed a very broad service infrastructure and network of sales, logistics, engineering and after sales. This will help us to efficiently integrate the activities of our colleague Beyers and to provide a very good service to the customers,” said Frans Van Tilborg, CEO, Miko Group.
Miko Group operates the Miko Coffee and Puro Coffee retail brands alongside a private label coffee roasting business. The group also provides coffee services and machines to hospitality customers, workplaces and public facilities across Europe.
The company owns and manages coffee service subsidiaries in Belgium, France, the Netherlands, the UK, Germany, Denmark, Norway, Sweden, Poland, the Czech Republic, Slovakia and Australia.
In September 2022 Miko Group posted half-year revenue growth of 169% to reach €130m ($130m) for the six months ended 30 June 2022.
The Beyers Koffie announcement follows Miko Group increasing its stake in Dutch workplace food and beverage vending company MAAS to 92% in July 2021 and the full acquisition of Belgian coffee roaster SAS for €1.9m ($2.2m) in November 2021.