Syracuse(AP) - AMSTERDAM - Royal Philips Electronics NV said Monday it has bought Italian espresso machine maker Saeco International Group SpA for ?170 million ($242 million). Philips announced it was in talks to buy Saeco in May, but didn't then disclose proposed terms of the deal. Based in Gaggio Montano, Italy, Saeco is Europe's largest maker of espresso machines, with sales of ?318...
The TimesView video and Need to Know interactive heatmap Economics Germanbusiness expectations: Corporate sentiment in Germany rose for the second month in May, but by less than had been forecast, fuelling hopes that Europe's largest economy is starting to recover from a record slump but also emphasising the weakness of current business conditions. The Ifo institute's business climate...
Korea TimesThe Saeco Primea line from Italy expects to satisfy coffee lovers with its unique design and superior performance, its maker said Friday. Saeco wares are on display at...
PR NewswireSaecoUniversity.com Uncovers the History of the Intoxicating Bean GLENWILLOW, Ohio, Oct. 23 /PRNewswire/ -- Saeco USA, the world-leading manufacturer and distributor of super automatic coffee machines, is pleased to announce the launch of a new online tool for coffee lovers, the SaecoUniversity.com Web site (http://www.saecouniversity.com). The new site is aimed at educating...
Seattle TimesALEX TROVATI / AP Damiano Cunego kisses the trophy after taking the Giro d'Italia. Damiano Cunego of the Saeco team won the Giro d'Italia yesterday in Milan, Italy, holding more than a two-minute lead over his closest opponents at the end of the 20-stage race. Fassa Bortolo rider Alessandro Petacchi captured the relatively flat last leg to set a postwar Giro record of nine...
Globe and MailFinancially troubled Bianchi hopes Italian coffeemaker Saeco can bring a cash infusion that will allow the cycling team to keep star Jan Ullrich. Saeco's marketing manager, Gernot Mang, said in the Sueddeutsche daily's Saturday edition that...
![President George W. Bush speaks to the estimated 1,500 graduates of Miami Dade College - Kendall Campus Saturday, April 28, 2007. The President told the Class of 2007, "The opportunities of America make our land a beacon of hope for people from ever](http://web.archive.org./web/20101227232430im_/http://cdn.wn.com/ph/img/14/d0/a8250c32897daaa73ec7a2f27944-thumb.jpg "President George W. Bush speaks to the estimated 1,500 graduates of Miami Dade College - Kendall Campus Saturday, April 28, 2007. The President told the Class of 2007, "The opportunities of America make our land a beacon of hope for people from ever"){kind=small}
