Latvia’s Kalve Coffee seeks $1.1m IPO to fuel international expansion

The Jaunmārupe-based specialty coffee roaster and café group plans to open stores in Estonia and Lithuania next year before expanding beyond the Baltics in 2026

Latvian specialty coffee roaster and café operator Kalve Coffee is seeking to raise €1m ($1.1m) in an initial public offering (IPO) to facilitate international outlet growth and expand its production capacity.