Cappuccino buys the historic Café Gijón in Madrid

PalmThe historic Café Gijón, open since 1888 on Madrid's Paseo de Recoletos, has been acquired by the Cappuccino Group and has closed for a few months, until January, although the new owner "will retain the essence that has accompanied it throughout its history." This was announced on its website by the real estate consultancy firm Busquets Gálvez, which advised on the transfer process from the Escamilla family, until now owners of the historic literary café, to the Cappuccino Group, which manages other venues, restaurants, and hotels in the Balearic Islands, the Iberian Peninsula, and Switzerland.

According to the real estate consultancy firm's statement, Cappuccino has closed Café Gijón, a "cultural landmark and essential part of the soul of Madrid," the setting for famous literary gatherings by authors such as Ramón María Valle-Inclán, Pío Baroja, and Camí, until January. Its intention is to reopen it "maintaining its identity and historic character." "Café de Gijón will retain the essential elements that have accompanied it throughout its history," the statement says.