The UK-based coffee chain is making a renewed push for US expansion after emerging as the winning bidder for Washington D.C.-based Compass Coffee. Find out all the details and what it means for Caffè Nero’s US business in this exclusive report
Caffè Nero founder Gerry Ford has hailed a new era of opportunity for the coffee chain in the US after emerging as the successful bidder for Compass Coffee.
World Coffee Portal first reported that Caffè Nero was bidding for the troubled Washington D.C-based coffee chain in late January.
Court documents showed Caffè Nero initially submitted a $2.9m offer three weeks after Compass filed for Chapter 11 bankruptcy.
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