European manufacturing giant Evoca SpA and China’s Guangzhou Macas Electronic Technology Co. Ltd. said they have entered into a joint venture agreement to produce high-quality coffee vending machines for fast-growing markets in China and other parts of Asia. The transaction is expected to close during the second quarter.
The agreement brings together two leading protagonists in the field of coffee equipment, Evoca said.
Macas is a Guangzhou-based coffee vending machine maker with a strong R&D culture. It is reportedly one of the few companies to offer bean-to-cup brewing machines made in China.
Macas has a special expertise in digital technologies related to GUI, cashless payments and cloud-based machine management specific to Asian markets.
Based in Bergamo, Italy, Evoca is a world-leading manufacturer of professional coffee machines, with a particular focus on bean-to-cup espresso coffee.
Evoca sells its products in over 140 countries, with subsidiaries throughout Europe,…
