Cobra Coffee acquires Amsric Limited and 12 Starbucks stores across the South West
21 July 2021Cobra Coffee has acquired Amsric Limited, the part of Amsric that operates Starbucks stores. As a result, Cobra Coffee will operate 12 additional Starbucks stores in locations including Exeter, Plymouth, Portsmouth and Southampton.
This takes the total number of Starbucks stores in the Cobra Coffee portfolio to 47.
Cobrra have expanded rapidly in recent years to bring the Starbucks Experience to customers across the South of England, through both our physical stores and digital channels such as Starbucks Delivers.
The acquisition of Amsric Limited will allow the company to continue this expansion in the South West of the UK. Cobra will also take forward existing Amsric plans to open two new Starbucks stores in Plymouth and Bognor Regis.
"We look forward to welcoming 120 partners (colleagues) into the Cobra Coffee family, and we will be working closely with Amsric to ensure a smooth handover across every store, with terms and conditions for all partners (colleagues) remaining unchanged. Store product ranges and opening hours are also unaffected" the company said in a statement.
Amsric Limited stores now operated by Cobra Coffee
Fraddon Kingsley Village
Yeovil Babylon Hill
Truro Chiverton Cross
Truro Victoria Square
Plymouth Drake Circus
Exeter High Street
Bideford Atlantic Village
Exeter Alphington Road, Drive Thru
Whiteley – Whiteley Shopping Centre
Portsmouth The Cascades Shopping Centre
Southampton – Above Bar Street
Cobra Coffee, owned by Southern Co-op, is a Starbucks UK franchised business partner. Operating since 2013, we have a number of Starbucks sites across the south and south west of England with ambitious plans for growth over the next 3 years across Berkshire, Cornwall, Devon, Dorset, East Sussex, South Gloucestershire, Hampshire, IOW, Kent, Somerset, Surrey, West Sussex, Wiltshire and south London.