Market Update-Capital Injection (Conditional)
Conditional investments by China’s Jiajiayue Group and Cooks Global Foods Executive Chairman Keith Jackson to fund Esquires Coffee growth plans including the store roll out across Asia, the Middle East, Europe and North America
Cooks Global Foods (CGF) today announces it has secured conditional equity commitments from a significant strategic investor which, along with an additional commitment from CGF’s Executive Chairman, Keith Jackson, will raise new capital of $9 million to underpin the long-term future of the business.
It also announces it intends to launch a public offer to raise up to an additional $9 million to accelerate the global expansion of the Esquires Coffee brand.