Caffè Nero Acquires Compass Coffee Assets in Bankruptcy Auction
DUBAI – QAHWA WORLD U.K.-based coffee company Caffè Nero has secured the winning bid to acquire the majority of assets belonging to Washington, D.C.-based Compass Coffee, which filed for Chapter 11 bankruptcy protection last month. The final bid reached $4.75 million following a competitive, three-day auction involving five prospective buyers. Caffè Nero had initially set</p>
