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.
Unlock Allegra Premium News & Insights
£29/month
Full digital access, cancel anytime.What you get:
Curated global coffee news & independent editorial features
5THWAVE, the leading B2B coffee & hospitality magazine
Market trend data analysis powered by the latest World Coffee Portal research
In-depth interviews with CEOs, industry experts & entrepreneurs
Weekly Coffee Dose essential industry news briefing
Coffee 24/7, breaking industry news bulletins
Exclusive market infographics & data downloads
Already have an account? Sign In
