Massimo Zanetti

Massimo Zanetti (born 12 February 1948 in Treviso) is an Italian entrepreneur and former politician, owner of Segafredo, a global coffee company.[1] Since 2016 Zanetti is also the owner of the Italian basketball team Virtus Bologna, one of the most successful teams in Europe.[2] He is often called by media the "King of Coffee".[3][4]

Massimo Zanetti
Member of the Senate of the Republic
In office 15 April 1994 – 8 May 1996
Constituency	Treviso
Personal details
Born	(1948-02-12) February 12, 1948 Treviso, Italy
Political party	Forza Italia (1994–1996)
Children	2
Profession	Owner of Segafredo Owner of Virtus Bologna
Signature

Biography

Massimo Zanetti was born in Treviso in 1948. During 1970s he moved to Bologna where he acquired the local company Segafredo, an historic coffee producer with a fairly well known brand.[5] Zanetti gave impulse and new vitality to the company, to which he added its own brand "Segafredo Zanetti", opening it to international markets, diversifying it with the creation of a worldwide network, making it in a few years one of the top coffee producers in the world.[6] The holding company, Massimo Zanetti Beverage Group (MZB), coordinates the group's activities and invests about 1,200 million dollars.[7] The Segafredo headquarter is based in Pianoro, in the Bologna hinterland.[8]

In the 1994 general election he was elected Senator for Forza Italia, the liberal conservative party founded by the media magnate Silvio Berlusconi. The legislature ended in 1996, after the fall of Berlusconi's government in 1995 and the short-lived technocratic cabinet of Lamberto Dini.[9]

In the 2013 local elections Zanetti run for mayor of Treviso, supported by Civic Choice, a liberal and centrist party of former Prime Minister Mario Monti, getting 10.57% and arriving third not accessing the ballot.[10] After a first attempt to agree with the center-right candidate Giancarlo Gentilini, he decided not to give voting instructions to his voters.[11]

Sports activities

The Segafredo brand appeared as the main sponsor on the jerseys of Bologna F.C. between 1986 and 1989, on those of Gorizia Basketball between 1984 and 1988 and on those of A.C.D. Treviso in different years between 1986 and 2006.

On 23 December 2010, after a long and troubled negotiation lasting about a month, the Bologna 2010 entrepreneurial group, led by Giovanni Consorte, bought 100% of Bologna football team from Sergio Porcedda and Francesca Menarini. At the same time, Zanetti assumed the position of president. The office of honorary president, not operative, was held by the popular singer Gianni Morandi.[12]

On 21 January 2011, Zanetti unexpectedly resigned as chairman of Bologna and as a director of the holding company due to contrasts with the other shareholders. After his resignation Zanetti still remained the relative majority shareholder of the club. In March 2011, the entrepreneur and former president Alfredo Cazzola tried to take over the shares of Zanetti, but the negotiations were not successful, so Zanetti remained shareholder, although no longer intending to participate in club's life.[13]

However, on 25 September 2014 he announced its willingness to become the majority shareholder again. The negotiations that would have provided for the acquisition of 51% of the club's shares and the return of Zanetti as president of the club failed in October 2014, when the club was bought by the Canadian entrepreneur Joey Saputo.[14]

In 2016, Segafredo entered in Trek–Segafredo, a professional road bicycle racing team, which signed, among others Alberto Contador, John Degenkolb, Ivan Basso and Ryder Hesjedal.

Since 2016, Segafredo Zanetti is the main sponsor of Virtus Bologna, the main basketball team in the town and one of the most successful one in Italy and Europe.[15] On 23 March 2017 he participated in the capital increase of the club, with a 47% of shares, becoming de facto the club's owner.[16] Under Zanetti's ownership, on 5 May 2019, Virtus won its fifth European title, the Basketball Champions League in Antwerp,[17] defeating Iberostar Tenerife 73–61, thanks to an outstanding game by Kevin Punter, who was nominated Final Four MVP.[18] The BCL was team's first European title after ten years.[19]

Electoral history

Election	House	Constituency	Party		Votes	Result
1994	Senate of the Republic	Veneto – Treviso		FI	67,210	Y Elected

First-past-the-post elections

1994 general election (S): Veneto — Treviso
Candidate		Coalition	Votes	%
	Massimo Zanetti	Pole of Freedoms	67,210	42.5
	Ulderico Bernardi	Pact for Italy	32,790	20.7
	Domenico Luciano	Alliance of Progressives	31,718	20.1
	Others		26,515	10.8
Total			158,233	100.0

References

1. Massimo Zanetti Beverage Group
2. Zanetti conquista la Virtus. È il primo socio con il 40%
3. Massimo Zanetti, il re del caffè e il matrimonio in vista: è a capo di un impero del caffè
4. Ecco Zanetti, il re del caffè per salvare il Bologna
5. Zanetti: "Segafredo è il caffè di Obama e degli atelti
6. Il filosofo del caffè
7. Nella tazzina una miscela di miliardi
8. Segafredo – Dove siamo
9. "The First Seven Years Of Forza Italia". Archived from the original on 13 March 2007.
10. Gentilini-Zanetti è fatta, il re del caffè sarà vice
11. Salta l'accordo tra Gentilini e Zanetti. Il re del caffè: "Decidano gli elettori"
12. Il Bologna a Zanetti e Consorte
13. Cazzola, da traditore a eroe. I misteri del Bologna calcio
14. Zanetti: "Deluso da Morandi, sento che Saputo si è un po' stufato
15. Zanetti fra calcio e basket: "Virtus, tornerai in alto. Bologna, per fortuna c'è Joey"
16. Zanetti conquista la Virtus
17. Basket, Champions League: Virtus Bologna qualificata alle Final Four
18. Finale a suon di triple: Kevin Punter vince il premio di MVP
19. La Virtus Bologna conquista la Champions League: Tenerife ko in finale 73-61