Mexico City, May 19th, 2026 — Alsea, S.A.B. de C.V. (BMV: ALSEA*) “Alsea”, the leading Quick Service Restaurant (QSR), Coffee Shop, and Full-Service Restaurant operator in Latin America and Europe, today announced it successfully concluded the execution of new licensing agreements with Starbucks Corporation, under which Alsea retains the rights to develop and operate Starbucks coffeehouses in all markets where it currently operates into 2046.
As part of the renewed agreements, which remain substantially consistent with prior terms, Alsea has assumed development obligations for the 2026-2028 period, with both parties agreeing to determine the specifics of those future plans together.
“These agreements reaffirm Starbucks confidence in Alsea’s ability to operate and grow the brand with world-class standards. Starbucks is a strategic pillar for Alsea, and with this renewal, we reinforce our commitment to innovate, elevate the customer experience and continue to build a sustainable growth story in the region”, said Christian Gurria, Alsea Chief Executive Officer.
“We deeply value our strong partnership with Alsea, which has been an important driver of our success across markets in Latin America and Europe. These agreements allow us to continue working together to expand access to the Starbucks Experience, while staying grounded in what matters most – serving high-quality coffee, delivering operational excellence, and maintaining a shared commitment to our partners, our customers and our communities”, added Brady Brewer, chief executive officer, Starbucks International.
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Julia Torres
Investor Relations
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