QFM Group divests 21 Costa Coffee stores in UK to SimTrava

Costa franchise operator acquires 21 stores

Costa Coffee franchise operator Sim Trava Group has acquired 21 Costa-branded sites from QFM Group, a UK-based fast-food franchise operator, for an undisclosed sum. Sim Trava stated that the acquisition marked “a significant step forward” for the company, which is expanding its presence with the brand amid “challenging trading conditions”. Operations director James Smith thanked QFM staff involved in the handover, including regional operational …

QFM Group divests 21 Costa Coffee stores in UK to SimTrava

QFM Group, a fast-food franchise operator based in the UK, has sold its portfolio of 21 Costa Coffee outlets to SimTrava.The post QFM Group divests 21 Costa Coffee stores in UK to SimTrava   appeared first on Verdict Food Service.