Charles Russell Speechlys advises The Nero Group on its acquisition of coffee brand 200 Degrees
Charles Russell Speechlys has advised The Nero Group, the largest independent coffee house group in Europe and owners of Caffè Nero, on its acquisition of Nottingham-based coffee brand 200 Degrees.
This deal supports The Nero Group with their ongoing strategy of developing premium, high quality, speciality coffee brands across the world. 200 Degrees will be the fifth brand in The Nero Group, with hopes to expand the 200 Degrees brand as part of The Group’s growth strategy in the UK.
Ben Price, CFO of The Nero Group, commented:
“It was a pleasure to work with the Charles Russell Speechlys team on this acquisition as they really understand our business and have been great in supporting our growth strategy. We look forward to seeing the growth of 200 Degrees now that it has successfully joined the Nero Group family.”
Kier Gordon, Corporate Partner, commented:
“We are delighted to continue to work with The Nero Group on their strategic acquisitions. This deal showcases the Firm’s Food & Beverage sector expertise, with ongoing and seamless collaboration across various service lines.”
The team was led by Corporate Partner Kier Gordon and Associate Grace Hudson with the support of Nia John, Desiree Pedersen and Grace O’Leary. Supported by the wider Food & Beverage team, including Micheal Powner (Employment) and Jason Saiban (Commercial).
