Sugarfina acquires Caffe Luxxe in all-stock deal

Luxury candy boutique Sugarfina has acquired Los Angeles-based coffee roaster and café operator Caffe Luxxe in a 100% stock transaction, according to the Tea & Coffee Trade Journal. The deal is Sugarfina’s third roll-up acquisition as it continues to assemble a portfolio of specialist brands. Sugarfina CEO Scott LaPorta stated: “We are thrilled to welcome Caffe Luxxe into the Sugarfina family and look forward to combining our shared passion for creating memorable experiences for our customers. “I have b ...