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Centurium Capital Gains Control of Chinese Beverage Firm Luckin Coffee

Centurium Capital Gains Control of Chinese Beverage Firm Luckin Coffee

Jan 28, 2022
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Centurium Capital Gains Control of Chinese Beverage Firm Luckin Coffee
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Luckin Coffee
(Source: Luckin Coffee)

A consortium led by Centurium Capital, a Beijing-based investment company, now owns more than 50% of domestic beverage chain Luckin Coffee, which was previously plagued by a series of scandals, according to a regulatory filing on Thursday.

Luckin Coffee representatives stated that they believe this share transfer transaction is in …

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