BGF invests £2m in coffee chain Bob & Berts

It is the third time BGF has invested in Northern Ireland, following its capital injections into housebuilder Braidwater and waste management business RiverRidge.

The fresh capital will be used to open 30 additional outlets across Northern Ireland, Scotland and the Republic of Ireland, which will lead to the hiring of around 600 extra staff. Bob & Berts plans to complete this expansion over the next four years.

Mohan Mansigani, former finance director at Costa Coffee, will be joining the board of Bob & Berts as the company's non-executive chair.

Company
Bob & Berts currently has 16 coffee shops in Northern Ireland, in Coleraine, Portstewart, Stranmillis, Lisburn, Omagh and Dungannon. It currently has 16 outlets, 10 of which were opened in the last two years.

Bob & Berts was established in Portstewart by Colin McClean, his father Arnold and brother-in-law David Ferguson.

Advisers
Equity – Tughans (legal).
Company – Shoosmiths (legal).

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• Topics
• Expansion
• Consumer
• UK / Ireland
• BGF (Business Growth Fund)
• United Kingdom