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Post: According to media reports, the Starbucks chain in Russia will be acquired by Anton Pinsky

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A girl walks past a Starbucks cafe in Moscow - RIA Novosti, 1920, 07/07/2022
A girl walks by a Starbucks coffee shop in Moscow. Archive photo

Vedomosti reported that the Starbucks chain in Russia will be acquired by restaurant operator Anton Pinsky.

MOSCOW, July 7 – RIA Novosti. American coffeehouse chain Starbucks has found a buyer for its Russian business: the buyer will most likely be the founder of Pinskiy & Co, Anton Pinsky, author The newspaper “Vedomosti”, citing sources. This information was confirmed to the publication by one of the restaurant’s acquaintances.

The deal could close as early as July 20, and will include rental rights to all refurbished areas of Starbucks coffee shops (but without the possibility of using Starbucks products and technologies), as well as the buildings in the Pushkino Park mall. .

The new owner of the network will have to rebrand, as before at McDonald’s (it was renamed “Delicious – and that’s it!”), added one of the interlocutors of the publication. Pinsky has yet to confirm information about the deal.

In early March, because of the CBO, Starbucks stopped its product supply in Russia and closed its coffee shops, and at the end of May, the company, which worked in the Russian Federation for 15 years, announced its decision to leave the Russian market. . The revenue of the legal entity Starbucks “Coffee Sirena” in Russia in 2021 increased by 42% to 5.2 billion rubles, net profit under RAS amounted to 199.2 million rubles.

Source: Ria

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