Cooks Coffee listing on UK stock exchange to ‘benefit franchise networks’
The coffee firm announced its listing plans in mid-August.
Cooks Coffee’s plans to join the UK stock exchange will bring benefits to its franchise networks and improve acquisitions, said David Hodgetts, managing director of Triple Two Coffee, owned by Cooks Coffee.
“This will bring huge benefits to our franchise networks both Triple Two Coffee and Esquires, as well as open up huge potential for future growth and acquisitions,” wrote Hodgetts, in an email exchange with QSR Media.
“We are all excited about the future and there is plenty to look forward to as we cement ourselves as the fourth largest coffee focused chain and look to push closer to our three main rivals,” he added.
Hodgetts is also the co-founder of the Cooks Coffee-owned brand, which elevated from a startup to employing 200 people.