Independent coffee chain 200 Degrees has been acquired by Caffè Nero.
The Nottingham-based business was established in 2012 and now has 21 stores across the UK, including Manchester, Leeds, Leicester, Cardiff, Derby and Liverpool.
The business, which also has its own roastery in Meadow Lane, Nottingham, becomes the fifth brand to join the Nero Group, which aims to grow the 200 Degrees brand in the UK.
Nero Group Founder and CEO Gerry Ford said: “200 Degrees has a strong and loyal customer base and has developed a strong regional position. »
“Our intention is to support 200 Degrees to continue its growth journey and enable the brand to operate separately alongside the other brands in the Nero Group,” Mr Ford added.
Stephen Fern, Managing Director of 200 Degrees, added: “We are delighted that 200 Degrees’ strong market position and growth potential have been recognized in the industry, and we are excited to see where our brand can go now that we are part of it. The Nero Group family.”
