illycaffè Revenue

About illycaffè

illycaffè is an Italian family business, founded in Trieste in 1933 and committed to offering the greatest coffee to the world. illycaffè produces a unique 100% Arabica blend, combining 9 of the best varieties in the world, selected by illycaffè. Each day more than 8 million cups are consumed in over 140 countries in the finest cafés, restaurants, hotels and in offices and homes. illy has become the standard forerunner of espresso, and thanks to three critical innovations, it contributes to the coffee technology progress at global level. With the bestowing of the first “Ernesto Illy Award for quality espresso coffee” in 1991 in Brazil, illy also pioneered direct sourcing, sharing know-how and paying a premium price for the best quality, based on partnerships underwritten by the principles of sustainable development. The company also founded its University of Coffee with the aim of fostering and spreading its culture, providing comprehensive academic and hands-on training for coffee growers, baristas and coffee lovers in order to cover every aspect of the product. Everything ‘made in illy’ is enhanced by beauty & art, which represent founding values of the brand, starting from its logo – designed by an artist, James Rosenquist – and including the renowned illy Art Collection, comprised of over 100 cups designed by international artists. In 2021, the company had 1305 employees and a turnover of about €500 million. There are 205 illy single-brand shops in over 40 countries In the same year, illycaffè -first Italian company in the coffee sector- obtained the B-corp certification, which identifies companies meeting the highest standards of social and environmental performance, transparency and responsibility, confirming its determination to reach its sustainable targets to create durable and shared value. It is also the year in which Rhone Capital became a shareholder with a minority share to support the company in its international growth.

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