financetom
Business
financetom
/
Business
/
Nutresa sells Colombian Starbucks franchise stake to Mexico's Alsea
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Nutresa sells Colombian Starbucks franchise stake to Mexico's Alsea
May 26, 2025 6:52 AM

BOGOTA, May 13 (Reuters) - Colombian processed food

company Nutresa said it sold its 30% stake in the

country's Starbucks ( SBUX ) franchise operator to a unit of

Mexican restaurant chain Alsea.

In a statement on Monday night, Nutresa said it had signed a

contract with Alsea unit Cafe Sirena in which it agreed "to sell

all the shares in held in Estrella Andina, corresponding to 30%

of outstanding shares in the company."

Nutresa, which sells processed foods worldwide including

coffee, pasta and cookies, did not detail the value of the deal.

Neither company immediately responded to requests for more

details.

Nutresa had since 2013 held shares in Estrella Andina, the

operator of Starbucks ( SBUX ) franchises in Colombia. As of March,

Estrella Andina had 72 Starbucks ( SBUX ) stores in Colombia.

Mexico City-based Alsea has long operated franchises for

brands including Starbucks ( SBUX ), Domino's Pizza and Burger

King, across Latin America and Western Europe.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved