Starbucks UK acquires 23.5 Degrees
The acquisition will expand the Starbucks portfolio and enhance the coffeehouse experience
Oct 16, 2024
The acquisition brings on board the largest licensed business partner in the market to date.
The 23.5 Degrees acquisition encompasses 113 stores and 1,650 employees.
The acquisition expands the Starbucks footprint increasing its total number of company-operated locations to almost 500 in the UK.
Alex Rayner, vice president and general manager for Starbucks UK, Switzerland and Austria has said: “I want to acknowledge the important contributions of 23.5 Degrees and the dedicated green apron partners.
"This strategic move will enable us to enhance our investment in new locations, elevate our in-store experience, and drive innovation for our UK customers.”