Coca-Cola exploring cut-price $2.7bn Costa Coffee sale, sources say

The Atlanta-based beverage giant has reportedly held initial talks with several private equity firms over a potential sale of the UK coffee chain it acquired for $4.9bn in January 2019

A Costa Coffee store in Holborn, Central London | Photo credit: Costa Coffee

The Atlanta-based beverage giant has reportedly held initial talks with several private equity firms over a potential sale of the UK coffee chain it acquired for $4.9bn in January 2019

Coca-Cola Company is preparing to offload Costa Coffee in a cut-price deal that could see the US beverage giant lose billions on its original investment.

Unlock Allegra Premium News & Insights

£29/month
Full digital access, cancel anytime.
What you get:
Curated global coffee news & independent editorial features
5THWAVE, the leading B2B coffee & hospitality magazine
Market trend data analysis powered by the latest World Coffee Portal research
In-depth interviews with CEOs, industry experts & entrepreneurs
Weekly Coffee Dose essential industry news briefing
Coffee 24/7, breaking industry news bulletins
Exclusive market infographics & data downloads
Subscribe for just £29

Already have an account? Sign In

Join 650,000+ coffee professionals worldwide.

Latest