Autogrill and Starbucks Coffee extend partnership in Europe
Milan/Seattle, January 2012 – Autogrill Group (Milan: AGL IM) and Starbucks Coffee Company (Nasdaq: SBUX), which started their co-operation in the United States in 1991, have extended their global partnership to develop new business in Europe. Autogrill will start operating Starbucks stores at its select points of sale in France this year. The first stores will be located in Paris, in high-speed railway stations, a channel of strategic importance. Later this year, two stores will open in Marseille Airport in Halls 1 and 4. In the Netherlands, in the coming months, Autogrill will also introduce the Starbucks brand on motorways with the first openings in AC sites in De Meern and Meerkerk. Autogrill currently operates around 370 Starbucks (352 in North America and 15 in Europe) with operations that generated revenues of more than US$450 million (over €340 million)2 in 2010.
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