ABC Coffee

completed

Amalgamated Bean Coffee Trading Company Ltd. (ABC or the company) is India’s largest integrated coffee company, involved in purchasing, roasting and selling high quality coffee and specialty beverages across multiple food-service channels. The company currently owns and operates around 288 cafes under the “Café Coffee Day” brand. In addition, it has an extensive network of kiosks and outlets selling freshly ground coffee. ABC is a privately held company established and majority owned by Mr. V.G. Siddhartha, an Indian entrepreneur. The company currently enjoys a clear leadership position in the modern café and coffee vending segments in India. Over the next three years (financial years 2007 to 2009), the company proposes to implement an investment program to finance a further expansion of its cafes and kiosks. The key components of the project are: - expansion of the Café Coffee Day chain;- expansion of kiosks and freshly ground coffee outlets; - other capital expenditure; and - incremental working capital requirement. ABC has requested IFC to provide financing for the project.