History

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1997

In 1997, Gerry Ford, our founder and CEO, bought five retail sites in London and Caffè Nero was born. It took nearly a year to perfect the brand and build a strong team of equally passionate people. During these early years, Caffè Nero received the honour of “Best Espresso This Side of Milan” credited by Tatler Magazine.

  • £1.3m revenue
  • 5 coffee houses
  • 50 employees

1999

In 1999 we opened stores outside London, and by the end of 2000, the Nero team had built 31 cafes and established the company as a national brand. We won a British Design Council award for best company identity.

  • £2.9m revenue
  • 13 coffee houses
  • 130 employees

2001

In March 2001, Caffè Nero joined the London Stock Exchange and by the end of the year, we had 80 coffee houses in 24 cities and towns.

  • £15.6m revenue
  • 61 coffee houses
  • 549 employees

2002

In 2002, 29 Aroma coffee houses were acquired, which established us as the largest independent coffee house in the UK with 106 stores.

  • £26.6m revenue
  • 108 coffee houses
  • 972 employees

2004

In 2004 another 12 sites were acquired from Coffee Republic and integrated into the family.

  • £50.5m revenue
  • 162 coffee houses
  • 1296 employees

2005

We were named the 20th fastest growing company in Europe by Business Week magazine. That same year, Caffè Nero retained the number one position in Allegra’s UK coffee rankings marking its fifth consecutive win (8 in total), and Gerry Ford was named “UK Entrepreneur of the Year” by the Financial Times and London Stock Exchange.

  • £70.1m revenue
  • 214 coffee houses
  • 1712 employees

2007

Early 2007, Gerry took Caffè Nero private again, purchasing a majority equity position and removing Caffè Nero from the LSE. Forever driving forwards, in the same year we also completed our first country expansion into Turkey and launched the Nero Express concept within train stations in the UK.

  • £108.8m revenue
  • 310 coffee houses
  • 2426 employees

2009

In 2009, we opened our first stores in The United Arab Emirates. Another landmark for our family-owned company.

In the same year, we bought our roasting facility in Battersea, South London. Today it produces all our coffee to every coffee house, globally.

  • £144.2m revenue
  • 404 coffee houses
  • 2829 employees

2011

In 2011, we set up the Caffè Nero Foundation with a very simple objective in mind – to have a positive impact in the communities that come into contact with the Nero family. We work to develop long-term relationships with our farmers and support efforts that help ensure high quality and sustainability.

  • £173.3m revenue
  • 469 coffee houses
  • 3166 employees

2012

In 2012, we started an exciting partnership in Poland to create Green Caffè Nero with the first store opening in the Lublin Union Square, Warsaw.

  • £196.1m revenue
  • 532 coffee houses
  • 3474 employees

2013

In 2013, we opened our first beach cafe in Larnaca, Cyprus. In the same year, Caffè Nero’s coffee was rated best tasting among five major UK brands by experts at the independent consumer magazine Which? in its first ever taste test.

2013 was also the year in which we launched the Make a Difference campaign as part of the Caffè Nero Foundation to support causes and charities that are important to our teams.

  • £223.1m revenue
  • 589 coffee houses
  • 3759 employees

2014

2014 was a busy year. We expanded into two new markets, opening our first store in Dublin in March, shortly followed by our first store in Boston, USA in May.

  • £237m revenue
  • 635 coffee houses
  • 4041 employees

2016

In 2016, we have established our Nero Origins project in Nicaragua, working alongside the Rainforest Alliance in the region of Esmeralda. And we acquired Harris & Hoole in June.

  • £295m revenue
  • 733 coffee houses
  • 5600 employees

2017

2017 was another big year for us. We were awarded Café Coffee Bar Chain of the Year National Category Winner from CaféLife.

After our successful Loyalty App launch, we won Highly Recommended Payments Partner of the year from Retails Systems Awards and was the Winner for Most Effective Loyalty and Awards Programme in Effective Mobile Marketing Awards.

On top of that, we also opened our first couple of stores in Zagreb, Croatia.

  • £333m revenue
  • 822 coffee houses
  • 6758 employees

2018

In 2018, we furthered our franchise branches in Oman.

In making a positive social and environmental impact, we launched our KeepCup, ensuring availability in all stores and have sold more than 40,000 KeepCups to date.

  • £366m revenue
  • 883 coffee houses
  • 7639 employees

2019

So far in 2019, we have established our first stores in Sweden and back in the UK we became majority owner of the Coffee#1 café chain.

Continuing with our sustainability work, we launched our new rCup – made from recycled paper cups, every purchase funds a sustainable solution to global waste.

  • £406m revenue
  • 1026 coffee houses
  • 8848 employees

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