Caffe Luxxe Acquired by Sugarfina in $24.5 Million Stock Deal
A Caffe Luxxe location in Long Beach. All images courtesy of Caffe Luxxe. Premium candy chain Sugarfina has acquired Los Angeles-based specialty coffee company Caffe Luxxe in a deal valued at approximately $24.5 million. The 100% common stock deal involves a reverse triangular merger, through which Artisanal Expressions Inc. (doing business as Caffe Luxxe) is…