Rollatainers has signed a definitive agreements to acquire stake along with the management control in ‘Barista Coffee Company’, a subsidiary of Lavazza, through its wholly owned subsidiary i.e. Carnation Hospitality (Carnation).
Barista operates the Second Largest Coffee Chain in India with the presence in the UAE, Nepal, Bangladesh and Myanmar. The entry into the coffee sector complements the company’s existing presence in the casual and fine dining restaurant sectors and food services sub-sector.
Rollatainers has a longstanding presence in the consumer packaging industry and in particular, as a supplier to the fast moving consumer goods (FMCG) sector. The company has a track record of successfully partnering with its high profile FMCG customers.
