Coffee Market Scenario

Swiss Nespresso to open six boutique bars in Spain in 2009

- Spanish News Digest - Swiss coffee and coffee machines manufacturer Nespresso, a subsidiary of food giant Nestle SA, said it plans to invest EUR 10 milli


- Spanish News Digest -

Swiss coffee and coffee machines manufacturer Nespresso, a subsidiary of food giant Nestle SA, said it plans to invest EUR 10 million in the opening of six new boutique bars in Spain in 2009, increasing their number in the country to 18.Swiss coffee and coffee machines manufacturer Nespresso, a subsidiary of food giant Nestle SA, said it plans to invest EUR 10 million in the opening of six new boutique bars in Spain in 2009, increasing their number in the country to 18.

The company added it expects two-digit growth in Spain this year.

In an interview Nespresso Iberia general director, Vincent Termote, said the company will keep its pace of expansion in the next three years to add another 15 new boutique bars in the main Spanish cities.

Termote added the Spanish market was developing very well and that it is a a growth driver. He said Nespresso still has a very high growth potential on the Spanish market.

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