As competition in the QSR beverage sector heats up, Dutch Bros has agreed to an acquisition, buying 20-unit Clutch Coffee Bar, a drive-thru chain with locations across the Carolinas.
According to a post on Clutch Coffee’s Facebook page, the brand’s last day of business will be Friday, with stores closing at 4 p.m. The plan will be for restaurants to close, renovate, and then reopen as Dutch Bros. Notably, Dutch Bros has just two Carolina locations presently—one in Morrisville, North Carolina, and a unit in Summerville, South Carolina.
Terms of the deal were not disclosed…