second cup coffee chain sold for $14M to Quebec restaurant owner Foodtastic Aegis Brands Inc says it has signed a deal to sell its Second Cup Coffee Co. operations to Quebec-based Foodtastic Inc. Who is the owner of Second Cup? Second Cup coffee chain sold for $14M to Quebec restaurant owner Foodtastic Aegis Brands Inc … Read more
second cup coffee chain sold for $14M to Quebec restaurant owner Foodtastic Is Second Cup out of business? In February 2021, aegis brands agreed to sell Second Cup to Quebec-based Foodtastic Inc. for an undisclosed sale price which included $14 million in cash. Aegis will continue to operate bridgehead coffee and Hemisphere Cannabis Co. Is … Read more
The second cup Ltd. changed its name to aegis brands as part of a plan to diversify beyond coffee shops. In addition to Second Cup, Aegis Brands owns the Ottawa-based Bridgehead coffee shop chain and Hemisphere Cannabis Co. Why did Second Cup close? The Second Cup Ltd. is planning to close more underperforming cafés and … Read more