Finance
Espresso House appoints Daniel Sandström to lead finance department
Sandström joins the Swedish coffee chain after more than 25 years as McDonald’s Sweden, where his senior roles included Senior Commercial Finance Manager, Head of Finance and a temporary spell as Chief Financial Officer
Espresso House operates over 500 stores across Sweden, Finland, Denmark, Norway and Germany | Photo credit: Stephan Mahlke
Swedish coffee chain Espresso House has appointed former McDonald’s Sweden Head of Finance Daniel Sandström as its new Chief Financial Officer.
Sandström joined McDonald’s Sweden in 1996, serving as Head of Finance 2013-2017 and acting Chief Financial Officer in 2015. Most recently, he was Chief Operations Officer for McDonald’s Sweden franchisee Food Folk Sverige AB.
Sandström succeeds Anders Ljungdahl who left the post in December 2023 to join student exchange firm Educatius Group.
Espresso House is the largest branded coffee chain in the Nordics and the 12th largest in Europe with more than 500 stores across Sweden, Finland, Denmark, Norway and Germany.
As part of a move to increase its market share in Germany, Espresso House awarded a license agreement to MF KAESO GmbH to expand into North Rhine-Westphalia in March 2023 and has also partnered with Autogrill Deutschland to scale its presence at airports and railway stations across the country.
The coffee chain currently operates 45 sites across Germany and is seeking further franchise partners to lead European outlet growth.