UK. Italian travel food & beverage operator Cremonini, through its subsidiary Chef Express UK, has acquired UK F&B brand Bagel Factory.
The acquisition marks Cremonini’s first venture into the UK railway station market, strengthening its position in the UK.
The operator said it took a special interest in Bagel Factory because of its well-established presence in railway stations across the country, including five stations in London, one in Manchester Piccadilly, one in Reading and two in Scotland.
Cremonini plans to expand Bagel Factory’s existing cafeteria offer using ideas from its upscale bar concept Mokà . The development is supported by the Cremonini’s experience operating cafés in Italian railway stations, where its Chef Express brand is a market leader.
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Cremonini took a special interest in Bagel Factory for its presence in UK railway stations |
Bagel Factory was founded in London in 1997 and today its portfolio includes 13 directly managed stores and a franchising network of 43 locations in the UK and Ireland.
Cremonini employs more than 12,500 people and reported €3.3 billion turnover in 2011, with 35% achieved outside Italy.
Through its joint venture with travel food & beverage specialist SSP, Momentum Service Ltd., Cremonini manages the onboard F&B services for the 60 English Eurostar trains which run daily links between London with Paris and Brussels.
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