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The Coca-Cola Company is said to have received a bid from Bain Capital’s Special Situations division for its well-known café chain, Costa Coffee. Established in London in 1971 by brothers Bruno and Sergio Costa, the business started as a wholesale operation…
British coffee franchise Costa will pull back further from the China market by early next year. In response to a dip in consumer demand, the Coca-Cola-owned firm reduced its physical stores within the territory by around 10 percent last month, half of which…
The Coca-Cola Company has announced that it has completed the acquisition of Costa Limited from Whitbread PLC. The US$ 4.9 billion transaction follows approval from regulatory authorities in the European Union and China. The acquisition was first announced on…
Coca-cola bought Costa Coffee for GBP3.9 billion (US$5.1 billion) recently. As a result of the deal, the US-based fizzy drink company will gain a strong cafe presence across Europe, Africa, the Middle East, and the Asia Pacific. So far, Costa has about 2,400…
The Coca-Cola Company has announced that it has reached a definitive agreement to acquire Costa Limited, which was founded in London in 1971 and has grown to become a major coffee brand across the world. The acquisition of Costa from parent company Whitbread…
British high-street chain Costa Coffee has taken full ownership of its south China business after buying out partner Yueda. Costa previously held 51 per cent of their JV, buying the balance of shares for RMB310 million (US$47 million), giving it total control…
Costa Coffee Vietnam has made its debut with an outlet at Da Nang International Airport. The outlet has been opened by British multinational coffeehouse company’s global partner, Italian catering company Autogrill. Costa Coffee says the store is part of its…
Costa Cruises is launching a WeChat payment service onboard its fleet in China. It allows Chinese guests to use the online social communication platform to enjoy hassle-free mobile payment options, including duty free shopping – claimed to be a first for the…
