From Yahoo Finance: 2025-05-13 11:10:00

Colombian processed food company Nutresa has sold its 30% stake in the country’s Starbucks franchise operator to a unit of Mexican restaurant chain Alsea. The deal with Alsea unit Cafe Sirena includes selling all shares in Estrella Andina. Nutresa, known for coffee, pasta, and cookies, did not disclose the deal’s value. Estrella Andina, the Starbucks operator in Colombia, had 72 stores as of March. Alsea, based in Mexico City, operates franchises for Starbucks, Domino’s Pizza, and Burger King in Latin America and Western Europe.

Read more: Nutresa sells Colombian Starbucks franchise stake to Mexico’s Alsea