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Caffè Nero Group acquires 200 Degrees
It has become the fifth brand to join The Nero Group.
Caffè Nero has announced that it has completed the purchase of Nottingham-based coffee brand ‘200 Degrees’.
With 200 Degrees joining The Nero Group, it becomes the fifth brand alongside Caffè Nero, Coffee #1, Harris+Hoole, and Aroma.
“Our intention is to support 200 Degrees to continue its growth journey and allow the brand to operate separately alongside the other brands in The Nero Group,” said Gerry Ford, founder and CEO of The Nero Group.
The Nero Group now has over 790 stores in the UK and approximately 1,100 stores across 10 countries.