Coffeeheaven
Coffeeheaven Limited | |
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Date: | December 2009 |
Deal Size: | £36m public takeover by Whitbread PLC |
About the client: | The largest chain of coffee stores in Central Europe (90 stores), with outlets in Poland, Czech Republic, Hungary, Romania and Latvia |
About the transaction: | Akur originated and negotiated sale of coffeeheaven to Costa Limited (a subsidiary of Whitbread Plc). Akur’s team were able to drive a valuation of 15x EBITDA the business sold at an 81% premium to share price on Akur’s appointment (24p versus 13.25p) |
Lead: | David Shapton |
