Compañía del Trópico de Café y Té, S.L.U.

Compañía del Trópico de Café y Té, S. L. U. specializes in the café and dining sector, offering artisan coffee and unique culinary experiences across Spain, with a portfolio of popular brands and over 110 locations.

Founded in 1993 in Barcelona, Spain, Compañía del Trópico de Café y Té, S. L. U. operates within the café and dining industry.

The company has successfully completed 5 deals, with the most recent deal occurring on July 7, 2023, during the GROWTH funding round, where it raised EUR 15. 00 mn from 3i, bringing the total amount raised to EUR 15. 00 mn. Compañía del Trópico operates a diverse portfolio that includes well-known brands such as Panaria, Café&Té, and La Bella Julieta, alongside various restaurants and taverns characterized by a unique touch.

The company's main offerings encompass artisan coffee, handcrafted pastries, and a range of culinary experiences that blend tradition with modernity, catering to customers seeking quality and comfort. Their establishments are designed to serve a broad clientele, including casual diners, coffee enthusiasts, and those looking for a relaxed atmosphere to enjoy quality food and beverages. With over 110 locations across various regions in Spain, the company strategically positions its brands in urban areas and popular neighborhoods, ensuring accessibility for both local patrons and tourists. The flagship services, like the "All Day Brunch" concept and specialty coffee selections, are aimed at enhancing the daily experiences of customers, providing them with memorable moments centered around food and beverage enjoyment.

The revenue structure of Compañía del Trópico is primarily driven by direct-to-consumer transactions within its café and dining establishments. In 2023, the company reported a revenue of EUR 32,608,108. 60 with an EBITDA of EUR -454,080. 70.

Customers visit locations such as Panaria and La Bella Julieta to purchase individual items, ranging from specialty coffees to gourmet pastries and meals. The company employs a straightforward sales model where patrons enjoy their offerings on-site, thereby fostering a strong connection with the brand. Revenue is generated through these in-person transactions, with customers paying for products at the point of sale. The dining division, featuring unique culinary concepts, contributes to revenue through meal purchases and beverage sales, creating an engaging atmosphere that encourages repeat visits.

Compañía del Trópico’s focus on quality and a carefully curated experience bolsters customer loyalty and drives sustained financial performance, positioning it well within the competitive casual dining and café market in Spain. In July 2023, PHI Industrial Acquisitions acquired a majority stake in Compañía del Trópico de Café y Té, S. L. U.

for approximately EUR 80 mn. This investment is aimed at boosting the company's brands and growth in Spain. The company plans to introduce new products and expand its reach within Spain, leveraging the recent funding to enhance its marketing efforts and improve customer engagement.