BWK acquires minority stake in Coffee Fellows

The company hopes to increase the number of coffee shops it operates following the latest funding round.

In May, BWK sold its 15% stake in Progroup, a producer of corrugated sheetboards. 

Company
Founded in 1999, Coffee Fellows is a German coffee shop chain with headquarters in Grünwald. At the time of publication, the company employed 400 people in 80 branches across Germany, Austria and Switzerland.

People
Jochen Wolf and Rainer Miller are managing directors at BWK. Stefan Tewes is managing partner at Coffee Fellows.

Advisers
Equity – Rödl & Partner (Legal, tax, financial due diligence).

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• Topics
• DACH
• Consumer
• Expansion
• Germany
• BWK GmbH