User:Ktin/sandbox/49th Parallel Coffee

49th Parallel Coffee is a coffee roaster and retailer based in Vancouver, British Columbia, Canada. The retailer's flagship cafe and roastery was setup in 2004, and the retailer has establishments over the Metro Vancouver area in British Columbia.[1]

49th Parallel Coffee
IndustryCoffee
Founded2004
FounderVince Picollo, Michael Picollo
HeadquartersVancouver, BC
Websitehttps://49thcoffee.com/

Operations

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49th Parallel Coffee was founded as a coffee roaster and retailer by brothers Vince, and Michael Picollo, in Vancouver, in 2004. The company was setup as a Third Wave Coffee roaster focusing on a direct trade and sustainable sourcing programs with coffee farmers.[2] The company operates a chain of cafes in the Metro Vancouver region. [3] The company sells its coffee via its own cafes, as well as other direct and indirect channels, and on its own website including subscription plans.[4][5][6]

The company has been publishing its sourcing transparency report since 2014 with a focus on sustainable sourcing. [3][7]

Investments

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The roaster and retailer announced a strategic investment from the Montreal, Quebec, based investment firm Claridge Inc. in February, 2019. While the investment amount was not announced, it was announced that the investment would be used to expand product portfolio, geographical footprint, and augmenting distribution channels. [8][9]

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References

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  1. ^ Pack, The Roasters. "49th Parallel Coffee Roasters". The Roasters Pack. Retrieved 2020-08-05.
  2. ^ "Vince Piccolo: Quality control". Business in Vancouver. Retrieved 2020-08-05.
  3. ^ a b Inc, 49th Parallel Coffee Roasters. "49th Parallel Coffee Roasters® and Claridge Announce Strategic Partnership". www.newswire.ca. Retrieved 2020-08-05. {{cite web}}: |last= has generic name (help)CS1 maint: numeric names: authors list (link)
  4. ^ "Our Story". 49th Parallel Coffee Roasters. Retrieved 2020-08-05.
  5. ^ Carlsen, Zachary. "Coffee Design: 49th Parallel Coffee Roasters". Sprudge. Retrieved 2020-08-05.{{cite web}}: CS1 maint: url-status (link)
  6. ^ "CBC - Guide to Buying and Brewing Specialty Coffee". CBC.ca. Retrieved 2020-08-04.{{cite web}}: CS1 maint: url-status (link)
  7. ^ "49th Parallel - Sourcing Transparency Report" (PDF). Shopify. Retrieved 2020-08-04.{{cite web}}: CS1 maint: url-status (link)
  8. ^ "Vancouver's 49th Parallel Coffee Roasters to Tap Into Claridge Investment". Daily Coffee News by Roast Magazine. 2019-02-05. Retrieved 2020-08-05.
  9. ^ February 5, Justin Dallaire; 2019 (2019-02-05). "49th Parallel Coffee Roasters' relationship-focused approach". strategy. Retrieved 2020-08-05. {{cite web}}: |last2= has numeric name (help)CS1 maint: numeric names: authors list (link)

Category:Coffee houses of Canada Category:Canadian companies established in 2004 Category:Companies based in Vancouver Category:Fair trade brands Category:Coffee in Vancouver Category:2004 establishments in British Columbia