Coffee Island, following recent legal developments involving shareholder Vangelis Liolios, who was remanded in custody over alleged involvement in fixed basketball matches, clarifies that the case concerns activities in sport that are unrelated to the company or its business operations.
Coffee Island is an independent, well-organised business with a distinct management structure and a strong international network of partners and franchisees.
The company continues to operate all its activities as normal and without interruption, and to implement its growth plans, with a strong sense of responsibility and a steadfast commitment to its employees, partners and customers, the statement concluded.