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Showing posts with the label Dulce Cafe; Wiesnehof

WIESENHOF COFFEES BUYS CONTROLLING SHARE IN DULCÉ CAFÉ: PRESS ANNOUNCEMENT

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A storm in a coffee cup…Wiesenhof Coffees multiplies its territories and market share, with the acquisition of a controlling share in Dulcé Café Tuesday, 19 March, 2013 “The merger of human love with Divine love brings about Cosmic Order.” ~ Sri Sathya Sai Baba Similarly, Wiesenhof Coffees recently purchased a controlling share of Dulcé Café, signalling the birth of a new and advantageous era, for both brands. An ardent courtship: As of 01 February, 2013, Wiesenhof Coffees acquired a 70 percent stake of the Dulcé Café franchise, for an undisclosed sum. The transaction between Kobus and Belinda Wiese, founders of Wiesenhof Coffees, and incumbent Dulcé Café Managing Director, Mike Pullen, took approximately 12 months to negotiate and conclude. In order to retain valuable company DNA, Dulcé Café New Business Director and Leasing and Franchisee Co-ordinator, Martin Fuller, retains his stock in the chain of 42 national stores. The addition of 45 Wiesenhof Coffee outlets to the bu...