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Mexico’s Alsea acquires 100% ownership of Starbucks’ Colombia franchise business

A Starbucks store in Cartagena, Colombia | Photo credit: Starbucks

The quick-service hospitality group has bought out joint venture partner Grupo Nutresa to take full control of 72 licensed Starbucks stores in the Latin American country 

Mexican quick-service hospitality group Alsea has taken full control of Starbucks’ franchise business in Colombia after acquiring Grupo Nutresa’s 30% stake for an undisclosed sum. 

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