Broadlake acquires Jede UK

The investment will underpin the company's expansion in the UK and Ireland.

Dublin-based Broadlake Capital has €100m under management and makes equity investments of £2-20m. This latest investment is its first in the coffee market.

Company
Manchester-based Jede UK is a vending machine coffee producer previously owned by Jede, a subsidiary of Nestle. The firm provides around 15 million cups of coffee through its vending machines per year.

People
Pete Smyth is chief executive of Broadlake Capital.

Advisers
Equity - Byrne Wallace (Legal); Spain McQuillan (Financial due diligence).

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