American coffee chain Scooter’s Coffee has announced its plans to acquire the Omaha-based Crane Coffee.
Scooter’s Coffee intends to add Crane Coffee’ eight locations in Omaha, six free-standing and two located in hospitals, to its portfolio of more than 230 locations in 15 states and 200 franchise commitments.
“Scooter’s Coffee feels very fortunate to be able to possibly acquire Crane Coffee locations maintaining local ownership of this 28-year-old Omaha company,” says Mike Rogers, Chief Operating Officer at Scooter’s Coffee. “As Scooter’s Coffee continues to expand, we look for great opportunities to bring in brands that are the quality of Crane Coffee.”
Scooter’s Coffee says details of the transaction are still being finalised and will not be disclosed. After completion, the Crane Coffee locations will not immediately re-brand to Scooter’s Coffee. That process will transition over the next 90 days.
“The timing is right for Linda and I to sell Crane Coffee, and we want to be sure we sell the brand to the right people,” says Keith Graeve, owner of Crane Coffee. “Scooter’s Coffee is a great match, they’re in the same business and we share common core values and commitment to quality. Once the deal is completed, it will make for an easy transition for our employees.”
