Coffee Nation is latest realisation for Primary
Primary has sold Coffee Nation, the market leading self-serve gourmet coffee provider, to Milestone Capital, achieving a return of 3.7x the cost of investment.
Coffee Nation was founded in 1999, and pioneered the original concept for self-serve gourmet coffee, of a standard previously only found in coffee bars. Primary backed the business with an initial investment of £4 million in June 2000, enabling the company to roll out its machines across the country. Coffee Nation now has over 550 points of purchase across motorway, petrol forecourt and convenience stores in sites including Welcome Break, Moto, Tesco, Sainsburys and Somerfield. It currently sells over 15 million cups of coffee each year.
Contact Jackie Adams for more information
Tel: +44(0) 20 7920 4800