boilers. Now they have stainless steel boilers. 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 Wittenborg and controlled by a US fund, Lone Star. The domestic coffee machine division remains in the Philips group. In November 2017 N&W changes its name to Evoca Group. See also Bialetti De'Longhi Faema FrancisFrancis La Marzocco Rancilio List of Italian companies References External links Espresso machines Coffee appliance vendors Home appliance brands Home appliance manufacturers of Italy Manufacturing companies established in 1947 Italian companies established in 1947 Italian brands Coffee in Italy Saeco