Cafes and Coffee ShopsNews

Caffè Nero secures growth opportunities amid £85m loan

Gerry Ford, CEO, said the firm thanks its previous banking partners, especially HSBC, Santander, Rabobank and Lloyds who stuck by us in these difficult times.

Caffe Nero has announced new growth opportunities after a six-year loan of approximately £85m was agreed with Carlyle, HSBC and Santander. 

The firm also revealed a loan of £330m was agreed by the banks in order to refinance the brands debt with majority ownership of the group remaining with Gerry Ford, founder and  Group CEO, alongside his family and friends.

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