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Allpress sale propels founder into monied stratosphere

Business started 33 years ago from a singular coffee cart.

Dita De Boni Mon, 27 Sep 2021

The sale of iconic Auckland-based coffee company Allpress Espresso to Japanese drinks giant Asahi Beverages has netted its founder more than $100 million, a liquidators’ report shows.

Asahi made its first inroad into coffee with the acquisition of Allpress, launched by Michael Allpress and his

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Dita De Boni Mon, 27 Sep 2021
Contact the Writer: dita@nbr.co.nz
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Allpress sale propels founder into monied stratosphere
General Business,
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