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Private Equity | 20 November 2012

Lavazza Set To Rejig Coffee Chain Barista: May Sell Or Rope In Partner

by Paritosh Gajjar
Lavazza Set To Rejig Coffee Chain Barista: May Sell Or Rope In Partner
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The after-effects of coffee chain giant - Starbucks entering India is felt as Italian firm Lavazza plans to rope in a strategic partner.

ET also added that the company is in the process of scouting for an outright buyer for Barista or a possible strategic investor.

However a Lavazza representative mentioned India as an important location and waived off intentions of moving out from the country.

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