ALSEA SEIZES Control: Starbucks Colombia Franchise Deal Shocks Market
— Mexican company Alsea now fully owns all 72 Starbucks shops in Colombia. They bought out Grupo Nutresa’s 30% share, making Alsea the only owner. The price of the deal was not shared with the public.
This move gives Alsea more power in Latin America’s coffee market. With full control, they can make faster decisions and grow even more across the region.
In other news, Singapore Business Federation released a new e-book to help businesses handle tariffs and trade barriers. They’re also offering advice on financing and supply chains as global trade rules keep changing.
No other major business news happened on May 22, 2025, besides these updates.