History

Saeco International Group is a leader company that designs, produces and markets coffee machines for household and professional use and automatic vending machine for hot, cold beverages and snacks.

Set up in Italy in 1981, Saeco has grown successfully over the years to become a Group with a strong international orientation and a presence in the world's leading markets with 16 subsidiaries in Europe, United States, Latin America, Australia, Asia and a sales network in more than 60 countries.

Over the years, Saeco has combined its considerable innovative capacities - a major factor in the Group's success - with an exceptional ability to understand and anticipate the market's requirements.

Milestones

2010
Philips Saeco already enthuses connoisseurs with the next generation of espresso enjoyment

2009
Saeco becomes part of the Domestic Appliances business unit within the Philips Consumer Lifestyle

2004
Renewed strategic approach focused on core business: Espresso

1999
Acquisition of 60% of Gaggia SpA. Following the reorganization, Saeco SpA changes its name to Saeco International Group SpA

1995
Beginning of product diversification strategy: launch of steam appliances

1986
Cosmec SpA is created for the production of professional and vending machines

1985
First fully automatic espresso machine commercialized

1981
Saeco SpA is founded for the production of domestic espresso coffee machines

1976
First delving into coffee machines with the founding of GSL