Swander Pace exits Kicking Horse Coffee

Swander Pace Capital said May 24 that it sold Kicking Horse Coffee Ltd to Luigi Lavazza SpA. The transaction was valued at C$215 million ($160 million). Kicking Horse is an organic and fair trade coffee roaster. Elana Rosenfeld, who founded the Invermere, British Columbia-based organic coffee brand in 1996, will retain 20 percent, Reuters reported.

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