Coffee shops consolidate as Starbucks enters Poland

Players on the domestic cafe market are preparing for the entrance of the largest global player in the field - Starbucks. The most significant company currently in Poland is Coffeeheaven, which controls a network of 52 coffee shops and plans to raise zł.15 million from investors in London.

"The funds from the issue will be used on financing our development plan," said the company's executive director Paweł Wasiljew.

Last year, Coffeeheaven opened 12 new outlets and plans to maintain this pace of growth this year. The entrance of Starbucks has also caused several mergers on the domestic market, with Empik joining forces with HDS Polska, Ruch taking over Mercer's and W Biegu Cafe acquiring Daily Cafe.

Source: Rzeczpospolita