Autogrill signs a strategic agreement with Starbucks

  • Autogrill plans to open 120 new Starbucks locations in North America
  • Exclusive agreement in US airports and highways renewed for 10 years
  • Opportunities for development in other countries where Autogrill operates
Thursday, March 24, 2011 - 07:36

Milan-Seattle , 24 March 2011 - Autogrill Group (Milan: AGL IM), through its American subsidiary HMSHost, and Starbucks Corporation (Nasdaq: SBUX) extended their relationship to open and operate Starbucks locations in travel channels where Autogrill is a global leader.
Under the terms of the agreement, Autogrill has renewed two years in advance its exclusive contract for the management of Starbucks points of sale in US airports and highways for a further 10 years, until 2020