Page last updated at 14:42 GMT, Monday, 22 September 2008 15:42 UK

Beanscene sold to Fifi and Ally

Beanscene shop in Glasgow
Beanscene expanded rapidly after opening in 1999

The troubled coffee chain Beanscene has been sold to the restaurant and retailer, Fifi and Ally, in a move which has saved 130 jobs.

Beanscene, which had its headquarters in Glasgow and employed 142 staff in 14 shops across Scotland, went into administration in July.

Fifi and Ally said it would rebrand some of the Beanscene shops.

It now has eight branches in Glasgow, four in Edinburgh and one each in Stirling, St Andrews, Hawick and Ayr.

Fifi and Ally was founded in 2005 by entrepreneurs Fiona Hamilton and Alison Fielding.

Jobs saved

The acquisition of Beanscene will see the company treble its turnover to 6m.

Fiona Hamilton said the deal was part of an expansion.

"It is our intention to build on all that is good about Beanscene and our initial focus will be on extending the food offer," she said.

"The two brands will complement each other well - Sex in the City meets Bohemia - and some of the branches will, in time, rebrand as Fifi and Ally's new express food concept, while others will retain the Beanscene identity.

"We have a loyal customer base and combined staff of 200 committed individuals who want to succeed, as well as strong funding and a new management structure to drive the brands forward."

Blair Nimmo, head of restructuring for KPMG in Scotland, and joint administrator, said: "Not only has this saved 130 jobs, but the sale also ensures that existing customers will continue to be serviced and that the landlords and suppliers will have ongoing business.".


SEE ALSO
Closing date for Beanscene offers
06 Aug 08 |  Glasgow, Lanarkshire and West
Troubled coffee chain seeks buyer
28 Jul 08 |  Glasgow, Lanarkshire and West
Starbucks to close 500 more shops
02 Jul 08 |  Business

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