Edinburgh Tea & Coffee Company Ltd sold in MBI deal
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KBS Corporate has helped to negotiate a deal for Edinburgh Tea & Coffee Company Ltd based in Edinburgh, Scotland.
KBS Corporate advised on the cash deal that completed on 2 June 2014 to local businessman, Stuart Robinson for an undisclosed sum.
Edinburgh Tea and Coffee Company Ltd was formed following a management buy-out in 1991. Since then, they have progressed from a small local roaster to a modern coffee company moving into new larger premises in 2005.
The company serves a mixture of foodservice and retail customers and has experienced strong organic growth in recent years, developing a number of products that have attracted interest from some leading food retailers.
Established by David Greig, Edinburgh Tea & Coffee Company Ltd generated substantial interest from MBI candidates and several large trade buyers, which led to a number of different parties bidding to acquire the company.
Tom Eatough, Deal Executive at KBS Corporate, said: “It was a pleasure working with David and I am really happy that we managed to secure a deal for him.
“The bidding process was a real success and I would like to wish both parties all the best for future”