The story
Tata Group
A 34.3% equity stake was sold to Tata Coffee in 2001.
Sterling Infotech Group
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. The coffee was supplied by the Indian roaster Fresh and Honest, headquartered in Chennai, which was also owned by the Sterling Infotech Group.
ABN AMRO and Barista Coffee Company had jointly launched a credit card, "ABN AMRO Barista Credit Card", by which customers can avail discounts at its outlets.
Lavazza
In 2007, the Sterling Group sold Barista, along with the Chennai-based Fresh and Honest roaster, to Lavazza. As of 2009, the chain had 200 stores in India, with an estimated annual revenue of ₹200 crore.
Lavazza sold Barista to Boutonniere Hospitality Private Limited in 2014 (formerly “Carnation Hospitality Private Limited”).
Boutonniere Hospitality Private Limited
In 2014, Lavazza sold the coffee shop chain to Boutonniere Hospitality Pvt. Ltd., formerly known as Carnation Hospitality Pvt. Ltd. Lavazza however continues to supply the coffee to Barista through the Chennai-based Fresh and Honest roaster retained by the company.
Boutonniere Hospitality Pvt. Ltd. targets to increase the footprint of Barista by increasing the number of cafes to 1000, and the number of stores selling its consumer products to 1000, by 2025.
From Wikipedia’s article on Barista (company), shared under CC BY-SA 4.0.3
