(Source: NAXS Nordic Access Buyout Fund AB) Herkules sells leading Nordic coffee shop chain Espresso House to JAB Holding Co. (Oslo, 2 June, 2015) Herkules Private Equity Fund III has entered into an agreement to sell leading Nordic coffee shop chain Espresso House to JAB Holding Co. ("JAB"), a privately held global investment company. Espresso House was established by Charles and Elisabet Asker in Lund, Sweden in 1996, and is one of the leading branded coffee shop chains in the Nordics. Espresso House serves more than 60,000 customers daily through its 193 shops across Sweden and Norway and will open more than 35 shops in 2015. Terms of the transaction were not disclosed. Sverre...
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