Cafe Coffee Day (CCD), a part of Amalgamated Bean Coffee Trading Company, is looking at expanding its base in eastern European and Southeast Asian markets in the near future in its bid to be a global player in the coffee retailing segment. Presently, the coffee retailer has 19 stores across the world, of which 18 stores are in the Czech Republic and Vienna along with one store in Pakistan.
"We are in talks with various players in Philippines and Vietnam in Southeast Asian geographies for acquisition of a coffee chain to enter into this market," Shwetha Shetty, president of International Business of CCD, said.
Source
"We are in talks with various players in Philippines and Vietnam in Southeast Asian geographies for acquisition of a coffee chain to enter into this market," Shwetha Shetty, president of International Business of CCD, said.
Source