Cuisinart, illycaffe Join Forces on Espresso Machines
STAMFORD, Conn., and TRIESTE, Italy-Cuisinart and illycaffe have formed a global partnership to develop a new line of espresso machines to be manufactured by Cuisinart.
Under the terms of the agreement, Cuisinart will initially develop products, to be co-branded Cuisinart for illy, designed for use with illy's iperEspresso capsules. This capsule system is a patented, two-stage extraction process that uses rapid infusion and extraction during the brewing cycle. The line is scheduled to debut by the first quarter of 2013 at Cuisinart's and illy's retail channels, which include department stores and specialty stores and their online portals.
Ron Diamond, president of Cuisinart parent Conair, said, "By collaborating with illy on this new line of espresso machines, we are utilizing the expertise and resources of both companies to provide consumers with innovative products from two trusted and highly regarded brands."
"Illy's mission is to delight coffee lovers," said Andrea Illy, chairman and CEO of illycaffe. "Aligning with a highly respected partner like Cuisinart will help take our mission further."