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MISSISSAUGA, ON, – The Second Cup Ltd. (the “Company” or “Aegis Brands”) announced on December 31st that the closing date of its acquisition of Ottawa-based Bridgehead Coffee has been postponed to provide Bridgehead with sufficient time to obtain the remaining third party consents required to complete the transaction.
The acquisition is expected to close in January 2020, subject to the satisfaction of customary closing conditions.
The corporation behind Canadian coffee retail giant Second Cup announced the acquisition of Bridgehead Coffee in a deal worth $9.5 million on December 5th, 2019.
