Valbrembo (Bergamo, Italy), 5th March 2018 – EVOCA S.p.A announces the acquisition of the assets of VE Global Solutions, LLC ("VEGS"), the Cleveland-based coffee machine dealer.

Since 2005, VEGS has been the distributor of the professional machines branded Necta, Wittenborg and SGL in the North American market, promoting EVOCA products and offering services to operators for the Office Coffee Service sector.

The acquisition has been carried out by EVOCA USA, LLC ("EVOCA USA"), a newly created subsidiary of EVOCA SpA. EVOCA USA will take over all the activities and distribution business of VEGS and will have responsibility for the North American market for the EVOCA Group.

The agreement stipulates that all VEGS staff will be transferred to EVOCA USA and that EVOCA USA will operate from VEGS's current site.

Andrea Zocchi, Chief Executive Officer EVOCA SpA, states: “The acquisition of the assets of VEGS and the creation of EVOCA USA, following the recent partnership with Cafection Ventures Inc, further reinforces our development strategy in the North American market. Through a direct presence - closer to our customers - we will be able to offer products and services in line with their expectations, build a credible presence and develop espresso coffee technology in the significant United States market”.