INSUBCONTINENT EXCLUSIVE:
significant step for Zamp
It will expand its presence in the Brazilian market.Currently, Zamp manages Burger King and Popeyes in Brazil
SouthRock, the previous operator of Starbucks in Brazil, filed for judicial recovery late last year.They managed around 140 Starbucks stores
This situation presented an opportunity for Zamp to step in.The agreed price of R$120 million could change
Adjustments will depend on the number of stores acquired and inventory levels at the closing date.Zamp to Acquire Starbucks Brazil: A Major
Move in the Fast Food Industry
(Photo Internet reproduction)This acquisition will take place through a competitive sealed bid process
acquisition comes at a crucial time
Starbucks has a strong brand presence in Brazil
Brazilian market for international brands.Brazil, with its large and growing middle class, represents a significant opportunity for
consumer-oriented businesses.Starbucks has been a popular brand among Brazilian consumers
Zamp aims to leverage this popularity.For Zamp, this acquisition aligns with its growth strategy
