Is Illy Coffee owned by Coca-Cola?

Excuse me, could you clarify something for me? I've heard some rumors that the popular coffee brand Illy Coffee might be owned by Coca-Cola. Is this actually true? If so, how did this partnership come about, and what are the implications for both companies? Or, if it's not true, could you shed some light on the real ownership structure of Illy Coffee? Thank you in advance for your insight.