Deloitte to advise Carnation Hospitality on Barista business
Barista, the second largest coffee chain in the country, was acquired by Carnation Hospitality for close to Rs 70 crore.
“We work with many other consulting firms for other projects.” Carnation Hospitality is a unit of Rollatainers, which has interests in consumer packaging, restaurants and food services. It’s planning a joint venture with IMM to set up Jamie’s Italian Restaurants in the country.
Barista, the second largest coffee chain in the country, was acquired by Carnation Hospitality for close to Rs 70 crore. Having changed ownership at least four times, Barista has been struggling to keep up with rival chains such as Starbucks, Café Coffee Day and Costa Coffee.
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