Narvesen owner to buy 60 cafes in Baltics

Reitan Convenience, the owner of the Narvesen kiosk chain has struck an agreement to buy the Caffeine Roasters chain of cafes in the Baltics, which operates in 60 locations across the Baltics.

That's what Reitan Convenience told the press October 3. 

The company did not name the sum of the deal, and it remains to be okayed by the local competition authorities. 

Reitan Convenience said that the purchase is part of a bid to secure its position in the European convenience store market.

Caffeine Roasters was established in Vilnius in 2007. Reitan Convenience operates in 531 locations in the Baltics under brands such as Narvesen, R-kiosk and Lietuvos Spauda. 

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