Thomson Snell & Passmore has advised Goldex Investments Limited, a major Costa Coffee franchisee in the UK, on the sale of its former subsidiary, Goldex Investments (Surrey) Limited - holder of fourteen trading Costa Coffee stores across Surrey and Kent - to AM Coffee Holdings Ltd.
Established in 2005, Goldex Investments will continue to operate 46 Costa stores across Kent and Sussex as well as national dessert franchise Kaspa's stores.
The Thomson Snell & Passmore team was led by corporate partner Keith McAlister. Commercial property expertise came from partner Joanne Wright and associate Oliver Butler.
Other advisors involved in the transaction were Bird & Bird LLP (acting for Costa Ltd), Teacher Stern LLP (for AM Coffee Holdings Ltd), and Smith Cooper Corporate Finance (for Goldex Investments Limited).