This record isn’t only about an organization, but about a Swiss professional that has a vision. In 1976, Sergio Zappella established GSL, an organization producing espresso coffee devices for residence use primarily designed for 3rd functions.
5 years later, Sergio and Arthur Schmed, a Swiss professional, created Saeco S.r.l. featuring its subscribed workplace at Gaggio Montano inside province of Bologna. They decided to operate their particular business under a proprietary brand and devoted considerable time and resources to perfecting technology. The effect was producing the very first fully-automatic espresso coffee machine in 1985. This development quickly became a major marketplace success due to its wide implications for completing a void in customer demand. Listed here year, Sergio Zappella and Giovanni Zaccanti established Cosmec S.p.A.; S.p.A,same as Inc.;for the specific function of producing coffee machine parts and in the end prompted the Group to carry all production in-house.
In 1986, improvements had been designed to the administration and control of the product sales system for international expansion. From 1989-1993, Cosmec inaugurated creation of numerous espresso coffee-and automatic vending devices.
In 1995 and 1996, Saeco started promoting its “climate” and “steam” services and products. In October of 1999, for global reorganization, Cosmec changed its title on Saeco International Group and thought the role regarding the holding organization. In December 1999, the Group acquired the control of Gaggia S.p.A. in U.S.The purchase of Gaggia, a historical brand inside expert coffee devices sector, permitted Saeco to reinforce its place inside marketplace part and further increase its product sales ability.
During 2009, Saeco was the European frontrunner in automated espresso coffee devices manufacturing with a 30% share of the market. Saeco as an organization designed, produced and distributed automated, manual and pill espresso coffee devices for residence and expert use, both under unique brands, Saeco and Gaggia, or on behalf of 3rd party brands, OEMs and Lavazza. Saeco also produced drink and treat vending devices. Saeco, based in Gaggio Montano, Bologna, Italy, had around 1,400 employees. In March, they shut their particular doors with estimated product sales of 318 million Euros.
On May 25, 2009, Royal Philips Electronics regarding the Netherlands, noted on four stock exchanges, launched that it has now reached a binding contract to get Saeco International Group S.p.A., the Italian-based leading espresso machine maker, that is controlled by PAI lovers who have in-depth knowledge of its target markets.
These days, Sergio Zappella is Chairman, Giovanni Zaccanti is Vice Chairman and Arthur Schmed are Directors on Executive Committee of Saeco International Group, that is element of Philips Saeco. These days, Philips Saeco consistently market the top quality Saeco espresso devices, coffee manufacturers and accessory services and products.