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Caffè Nero Acquires Compass Coffee Amid Bankruptcy Crisis

2/27/2026

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Summary

Story summary

The U.S. Bankruptcy Court for the District of Columbia approved the sale, allowing Caffè Nero to acquire Compass Coffee's roastery and 15 Washington, D.C., area outlets.
Compass Coffee, a Washington, D.C. chain, had filed for Chapter 11 bankruptcy.
One of Compass Coffee's co-founders attempted to block the deal, but the effort was dismissed.
The acquisition marks a significant shift for Compass Coffee, which has faced challenges in recent months.

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Story summary

The U.S. Bankruptcy Court for the District of Columbia approved the sale, allowing Caffè Nero to acquire Compass Coffee's roastery and 15 Washington, D.C., area outlets.
Compass Coffee, a Washington, D.C. chain, had filed for Chapter 11 bankruptcy.
One of Compass Coffee's co-founders attempted to block the deal, but the effort was dismissed.
The acquisition marks a significant shift for Compass Coffee, which has faced challenges in recent months.