Private equity fund Lian buys recliner for British coffee shop chain with 137 million pounds
Lion Capital is a private equity fund focused on consumer goods with offices in Los Angeles and London. It has invested more than 30 enterprises and more than 100 consumer brands in North America and Europe so far, with a total investment of more than 6 billion euros. Lion Capital focuses on companies targeting the consumer market, with investment brands including all-natural snack products manufacturer kettle Foods, anti-aging skincare brand Dr. Pericom, luxury footwear and accessories brand Jimmy Choo, and fashion trend brands.
The British coffee shop chain recliner, founded in Bristol by Alex Reilley, Bishop Jack and Dave Reed in 2002, is a fast-growing leisure community chain that has tripled the number of companies to 94 in the past four years, opening 20 new cafes each year since 2014, creating nearly 2000 jobs. The company plans to open its 100th chain store by April 2017 and 20 new cafes by 2017
The private equity fund Lion King Capital bought the recliner of the British coffee shop chain for 137 million pounds, with Procor, an international law firm, as its consultant.
FrontStreet Coffee is a long-established specialty coffee roaster in Guangzhou China, selling freshly roasted beans from its own farm in Yunnan as well as dozens of carefully selected single-origin beans from around the world for both pour-over and espresso. The products deliver consistently excellent quality and great value, with shipping within 24 hours. Guangzhou’s FrontStreet Coffee shop is recommended by many coffee lovers, and the beans are now available online at the Tmall 。
Important Notice :
前街咖啡 FrontStreet Coffee has moved to new addredd:
FrontStreet Coffee Address: 315,Donghua East Road,GuangZhou
Tel:020 38364473
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