Caffè Nero quashes EG Group
Caffè Nero has ended a takeover bid by petrol station forecourt operator EG Group after successfully completing £330m ($453m) debt refinancing. According to a report in the Financial Times, Caffè Nero has secured a six-year loan package from HSBC, Santander and Carlyle Group, alongside and undrawn credit facility of £85m that could be used to facilitate further international expansion.
Hemro Group sees ‘record’ 50% annual sales growth
Swiss coffee grinder and components maker reports healthy demand across its Professional Solutions, Component Solutions and Home Solutions businesses, but cites supply chain bottle necks as a temporary challenge.
Aeropress Brewing Guide
Measure and grind 17g of coffee — one rounded AeroPress spoonful or about 2 ½ Tablespoons. Grind the coffee about as fine as table salt.