Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Reitan Convenience acquires coffee chain in the Baltics
October 5, 2018

Norwegian Reitan Convenience has signed an agreement to acquire Caffeine Roasters, a coffee chain currently operating 60 coffee houses in Estonia, Latvia and Lithuania. The acquisition is part of Reitan Convenience’ vision of becoming Europe’s largest convenience operator. The Reitan Group consists of five independent business units: REMA 1000, Reitan Convenience, the Uno-X Group, Reitan Property and Reitan Capital. The Reitan Group had a turnover in 2017 (incl. franchise sales) of NOK 89 billion, and employs 37,000 people in Scandinavia and the Baltic region.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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