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Lebanese chocolate maker Patchi plans Dubai listing
The company is planning to open...
August 10, 2009 11:34 by Aarti Nagraj
The Lebanese chocolate chain, Patchi, is planning to list its stocks in Dubai and London to help expansion, reports the Financial Times. The company, which made $165 million last year, is planning to open cafés to sell chocolate, coffee and snacks, says the report.
The family-owned company has closed 14 shops across the world since September last year, but it has seen sales increase 2 percent in Dubai during the first half of 2009.