- This company is in a great position to profit from a growing market, argues the manager
- It’s a long-term family business
Jules Bloch, co-manager of the JPMorgan European Discovery Trust (JEDT), explains why the trust invests in De’Longhi (IT:DLG):
"De’Longhi is an Italian manufacturer of premium coffee machines and small home appliances. It is the global leader in espresso machines, at twice the size of its next competitor, and also owns well-known cooking equipment brands including Kenwood, Braun, Ariete and Nutribullet.