Lavazza exits coffee shop biz in India Photogallery

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Italian coffee brand Lavazza on Tuesday announced exit from coffee shop business in India by selling its Barista brand to Carnation Hospitality.

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The company, however, will continue to supply coffee to Barista through a long-term supply agreement.

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Lavazza in a statement said it has decided to lay greater focus on its core business, which is coffee.

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Commenting on the announcement, Lavazza CEO Antonio Baravalle said: "The decision to move out of Barista has been taken accordingly with the global business guidelines of the group to no longer manage directly the coffee shop business."

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Talking about the Indian market, Baravalle said: "India continues to remain an extremely important market to Lavazza's international operations and it is strategic to the brand's overall growth initiatives across the world."

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He added that Lavazza will continue to develop its our presence in the country. The company has a production facility in Sri City in Andhra Pradesh, its only production facility outside Italy.

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