Turnover: 45.5 million EUR (2022)

Country: France

Dammann Frères specializes in the production and sale of high-quality teas.
Founded over 300 years ago, the company offers a wide range of teas, from traditional teas to innovative flavored blends.

Dammann Frères stands out for its expertise in selecting the finest teas and ingredients, and for its constant quest for exceptional flavors.

News

Dammann Frères teas invest in a new factory in Dreux 17/10/2023

  • Dammann Frères is to invest 30 million euros to build a new factory in Dreux.
  • The company currently employs 200 people, around 140 of whom are based in Dreux.
  • Dammann Frères has been a subsidiary of the Italian Illy group since 2007
  • Sales are expected to reach 45.5 million euros in 2023, up from 40.5 million in 2022.
  • The company sells around 1,000 tonnes of tea a year, both loose and in bags.
  • It is present in 65 countries, mainly in Europe and the United States, and generates almost a quarter of its sales abroad, often in partnership with major hotel groups.
  • The company has 9 directly-operated boutiques (8 in Paris and 1 in Dreux) and 16 others under license in major French cities.
  • These boutiques account for 17% of sales.
  • Dammann Frères' ambition is to double the number of boutiques. The company is growing by around 10% a year.

Dammann opens up its capital to pursue growth 31/07/2023

  • Dammann Frères, specialized in the import, production and sale of teas, infusions and accessories
  • Idia Capital Investissement and Crédit Agricole Régions Investissement (Carvest) acquired minority stakes in the company's capital
  • Italian group Illy remains majority shareholder
  • Founded in 1925, Dammann Frères achieved sales of 40 million euros in 2022
  • The company sells its products via its website, 9 directly-operated stores, 19 franchises and 228 corners in France and abroad
  • The company produces over 1,000 tonnes of tea each year, or more than 140 million bags.

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