History
Headquartered in Okhla, Barista currently has espresso bars across India, Sri Lanka, Bangladesh and the Middle East. It was established in February 2000 by the Barista Coffee Company Limited. A 34.3% equity stake was sold to Tata Coffee in 2001. C Sivasankaran bought the remaining 65 per cent in Barista from the Amit Judge-controlled Turner Morrison in 2004, and his Sterling Group also bought out Tata Coffee's stake later. In 2007, the Sterling Group sold Barista to Lavazza. Barista Lavazza is currently owned by Lavazza. The coffee is supplied by the Indian roaster Fresh and Honest, headquartered in Chennai, which is also owned by Lavazza. As of 2009, the chain has 200 stores in India, with an estimated annual revenue of 200 crores.
Barista was the fastest brand to make it on the list of super brands and is ranked among the top 50 phenomena that changed India.
Read more about this topic: Barista Lavazza
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