Coca-Cola inks agreement to acquire coffee major Costa for $5.1 billion
date:Sep 03, 2018
The Coca-Cola Company has reached a definitive agreement to acquire Costa Limited from parent company Whitbread PLC. The acquisition is valued at $5.1 billion and will give Coca-Cola a strong coffee platform, with a footprint in over 30 countries in Europe, Asia-Pacific, the Middle-East and Africa and the potential for future growth.

Costas operations include a leading brand, nearly 4,000 retail outlets with highly trained baristas, a coffee vending operation, for-home coffee formats and its st
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