Mexico’s Alsea Now Owns 100% Of Starbucks In Argentina

Patrick Archer foreign investment, franchises, lifestyle, real estate, us companies

Alsea, the largest operator of fast food, coffee shop and casual dining restaurants in Latin America, now owns 100% of Starbucks Coffee Argentina after acquiring the remaining 18% interest that it did not already own. The company made a similar move in Mexico earlier this year when it acquired the remaining 18% of Cafe Sirena, the Mexican company that operates …

Double Shot: 300 New Starbucks Coming to Argentina

Patrick Archer foreign investment, franchises, lifestyle, us companies

Since arriving three years ago, Starbucks has been opening new locations in Argentina at a rate of 12 per year. In fact, the company just opened the 36th location in Rosario reflecting the strategic shift of global brands to the country’s interior. Now, a new business plan should easily double the number of locations Starbucks opens in Argentina per year. …