Amsric’s Starbucks business sold to Cobra Coffee
Starbucks operator Amsric Limited, a subsidiary of multi-franchise group Amsric Holdings Limited, has been sold to fellow Starbucks operator, Cobra Coffee Limited, a subsidiary of the Southern Co-op.
Amsric Limited has been a Starbucks operator since 2014, initially acquiring stores from the franchisor and subsequently opening additional stores to reach the current tally of 12 stores, plus two