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The Nero Group has acquired London-based coffee business FCB Coffee.
Founded in 1998, FCB operates 11 locations in travel hubs around London and the South East, providing commuters with speciality coffee offerings.
Last month, The Nero Group bought UK-based independent coffee house chain 200 Degrees. FCB Coffee will be the sixth brand under The Nero Group, joining Caffè Nero, Coffee#1, Harris+Hoole, Aroma and recently acquired 200 Degrees.
The Nero Group's founder and CEO, Gerry Ford, commented: “I’m very pleased to bring FCB into our Group. Its stores offer commuters in transport locations very high quality coffee. This is part of our strategy to provide customers with premium coffee no matter where they might be. As the coffee market develops, we continue to be focused on the premium, speciality coffee category.”
Terms of transaction were not disclosed.
#TheNeroGroup #FCBCoffee
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