Rhone Capital invests in Illycaffè

Illycaffè SpA is a leading Italian premium coffee roaster and one of the largest coffee producers in Italy, based in Trieste. The company manufactures and markets a distinctive blend of nine varieties of 100% arabica coffee, sold under the illy brand, which is recognized globally for its high‑quality, consistent taste profile and iconic silver‑and‑red packaging. Illycaffè operates across multiple channels, including retail, foodservice, workplaces, and its own network of branded cafés, while maintaining a strong presence in both traditional and specialty‑coffee markets. The company generates the majority of its revenue from roasted coffee beans and ground coffee, with a growing contribution from single‑serve formats such as coffee pods and ready‑to‑drink systems that support at‑home and out‑of‑home consumption. Illycaffè has significantly expanded its global footprint, distributing its products in over 140 countries, and operates around 269 branded illy stores and café points in more than 40 countries, positioning itself as a premium, lifestyle‑oriented coffee brand. The business model is built on a combination of brand cachet, direct‑to‑consumer touchpoints, and long‑term relationships with hospitality and foodservice clients.