For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260126:nRSZ3324Qa&default-theme=true
RNS Number : 3324Q Cooks Coffee Company Limited 26 January 2026
26 January 2026
Cooks Coffee Company Limited
("Cooks Coffee", or the "Company" or the "Group")
Master Franchise Agreement for the UAE
Cooks Coffee Company (NZX:CCC; AQUIS:COOK), the international coffee focused
café chain, is pleased to announce that Esquires Coffee has entered into a
Master Franchise Agreement ("MFA") for the United Arab Emirates ("UAE").
The UAE is one of the fastest growing markets for speciality coffee outlets
globally with the growth projected to be 10%-12% p.a. driven by expanding
tourism and high expat population growth fuelling demand.(1)
The MFA is a 10-year agreement, with a right of renewal ("ROR"), and provides
for the opening of a minimum of 50 Esquires Coffee outlets in the UAE over the
term of the agreement. The parties to the agreement are successful operators
in the UK with multiple stores in the Southeast of England.
This agreement represents a further step in the Group's international
expansion strategy and supports the continued growth of the Esquires Coffee
brand in key global markets.
Keith Jackson, Chairman of Cooks Coffee Company, commented: "This Master
Franchise Agreement marks another important milestone in the international
development of the Esquires Coffee brand. The UAE represents an attractive
market, and we look forward to growing the brand in the region over the coming
years."
Further announcements will be made as appropriate.
¹ Grand View Research, UAE Specialty Coffee Market - Horizon Outlook. The
report forecasts the UAE specialty coffee market to grow at a compound annual
growth rate (CAGR) of approximately 10.6% between 2024 and 2030, driven by
increasing demand for premium coffee, café culture expansion, and a growing
expatriate population. Source: Grand View Research
Enquiries:
Cooks Coffee Company Limited +64 21 702 509 (New Zealand)
Keith Jackson (Executive Chairman) keith.jackson@cookscoffeecompany.com
(mailto:keith.jackson@cookscoffeecompany.com)
Aiden Keegan (Chief Executive) +44 (0) 7980 608 440 (UK)
aiden@esquirescoffee.co.uk (mailto:aiden@esquirescoffee.co.uk)
+44 (0) 20 3934 6630 (UK)
ukinvestorrelations@cookscoffeecompany.com
(mailto:ukinvestorrelations@cookscoffeecompany.com)
IFC Advisory Limited (Financial PR & IR) +44 (0) 20 3934 6630
Graham Herring, Zach Cohen cookscoffee@investor-focus.co.uk (mailto:cookscoffee@investor-focus.co.uk)
Allenby Capital (AQSE Corporate Adviser and Broker) +44 (0) 20 3179 5300
James Reeve, Nick Harriss
Tony Quirke (Sales and Corporate Broking)
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END NEXPPUGWGUPQUMQ
Copyright 2019 Regulatory News Service, all rights reserved