Article Date 05/12/2019

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Aegis Brands to Acquire Ottawa's Bridgehead Coffee

Source Cision Newswire

The Second Cup Ltd. announced that Aegis Brands has agreed to acquire Ottawa-based Bridgehead Coffee, the Company's first acquisition since it announced its new operating structure and strategy last month. Aegis Brands also owns Canadian specialty coffee retailer Second Cup Coffee Co.

Bridgehead has nineteen coffeehouses in Ottawa, including its landmark Roastery. All Bridgehead coffeehouses serve food made daily from scratch in the company's Kitchen and Bakery, using local and seasonal ingredients.

All nineteen locations are corporately-owned, and have consistently delivered strong financial results in a competitive coffee market. All coffeehouses will continue to operate under the Bridgehead name following the acquisition.

$9.5 million acquisition is the first under Aegis' new strategy; Bridgehead will continue to operate as an independent brand

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