View source for Saeco

{{Short description|Italian manufacturer}}
{{for|the road bicycle racing team|Saeco (cycling team)}}
{{Infobox company
 | name             = Saeco 
 | logo             = [[File:Saeco.svg|220px]]
 | type             = Private
 | foundation       = [[Gaggio Montano]], Italy, {{start date and age|1981}}
 | founder          = Sergio Zappella and Arthur Schmed
 | location_city    = [[Gaggio Montano]]
 | location_country = [[Italy]]
 | location         = 
 | locations        = 
 | area_served      = Worldwide
 | key_people       = 
 | industry          = [[Home appliance]]s
 | products          = [[Espresso machine]]s
 | services         = 
 | revenue          = 
 | operating_income = 
 | net_income       = 
 | assets           = 
 | equity           = 
 | owner            = 
 | num_employees    = 
 | parent           = Evoca Group, [[Philips]] 
 | divisions        = 
 | subsid           = 
 | homepage         = 
 | footnotes        = 
 | intl             = 
}}
[[File:HORECA15_Saeco_AuLika.JPG|thumb|upright=1.2|The Saeco AuLika professional machine]]
[[File:Saeco Conica - Kaffeemühle - Coffeemill III.jpg|thumb|upright=1.2|The Saeco Conica Coffee grinder - Coffeemill]]

'''Philips Saeco S.p.A.''', or short '''Saeco''', is an Italian manufacturer of manual, super-automatic and capsule [[espresso]] machines and other electrical goods with headquarters and factories in [[Gaggio Montano]] near [[Bologna]].<ref>{{cite news |title=Saeco: contratto con Pai non condizionato da trimestrale", notizia del 19 febbraio 2004 de Il Sole24Ore |url=http://archivio-radiocor.ilsole24ore.com/articolo-349139/saeco-contratto-pai/ |work=[[Il Sole 24 Ore]]}}</ref>

==History==
The company was founded by Sergio Zappella and Arthur Schmed in 1981 as Sergio, Arthur e Compagnia.<ref name="history">{{cite web|url=http://www.saeco.com/en/mission-story/mission.html|title=History|publisher=Saeco International Group S.p.A.|access-date=2011-11-12|url-status=dead|archive-url=https://web.archive.org/web/20091013095652/http://www.saeco.com/en/mission-story/mission.html|archive-date=2009-10-13}}</ref>

In 1985, they launched the first completely automatic espresso machine for domestic use, called Superautomatica and in 1999 they bought the historic espresso brand of [[Gaggia]].<ref name="history"/>

In May 2009, the company board agreed to a purchase offer from [[Netherlands|Dutch]] manufacturer [[Philips]], owner of the [[Senseo]] coffee system, subject to shareholder and bank approval.<ref>{{cite web|url=https://news.bbc.co.uk/1/hi/business/8066854.stm|title=Philips brews up deal with Saeco|publisher=BBC News|date=2009-05-25|access-date=2009-05-25}}</ref>

Other relevant contributions to the technology used in espresso machines include the cappuccinatore (introduced in 1996) as well as the automatic brewing pressure adaptation "SBS" (1999) <ref>[http://www.saeco.co.uk/espresso/italian-coffee Saeco Technology Timeline]</ref> and most recently, the announcement of the bluetooth-enabled GranBaristo Avanti (2013).<ref>[http://www.ifa.philips.com/pressreleases/Philips-Saeco-GranBaristo-Avanti/ Press release GranBaristo Avanti]</ref>

The Saeco brand belongs to the [[Netherlands|Dutch]] electronics company [[Philips]] since July 2009.
In 2017, Philips sold the Saeco Professional division (also with the Gaggia brand) to N&W Global Vending SpA, an Italian [[Bergamo]] based company leader in vending machines for drinks and snacks, born in 2000 from the integration of Necta and Wittenberg and controlled by a US fund, [[Lone Star Funds|Lone Star]]. The production of professional coffee machines is carried out in the historical site of [[Gaggio Montano]] near [[Bologna]]. The domestic coffee machine division remains in the Philips group. In November 2017 N&W changed its name to Evoca Group.

==See also ==
{{Portal|Italy|Companies|Coffee}}
* [[Bialetti]]
* [[De'Longhi]]
* [[Faema]]
* [[FrancisFrancis]]
* [[Gaggia]]
* [[La Marzocco]]
* [[Rancilio]]
* [[List of Italian companies]]

== References ==
{{Reflist}}

==External links==
{{Commons category|Saeco}}
*[http://www.saeco.com/ Official website Philips-Saeco]
*[https://www.saecoprofessional.it/ Official website Saeco Professional]
{{Coffee in Italy}}
{{Home appliance brands}}
{{Philips}}

[[Category:Saeco| ]]
[[Category:Philips]]
[[Category:Coffee appliance vendors]]
[[Category:Espresso machines]]
[[Category:Home appliance brands]]
[[Category:Home appliance manufacturers of Italy]]
[[Category:Companies established in 1981]]
[[Category:Italian brands]]
[[Category:Italian companies established in 1981]]
[[Category:Coffee in Italy]]
[[Category:2009 mergers and acquisitions]]
[[Category:Multinational companies headquartered in Italy]]


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