Coca-Cola inks agreement to acquire coffee major Costa for $5.1 billion
date:Sep 03, 2018


Hot beverages is one of the few segments of the total beverage landscape where Coca-Cola does not have a global brand. Costa gives us access to this market with a strong coffee platform, he added.

Coffee is a significant and growing segment of the global beverage business. Worldwide, coffee remains a largely fragmented market, and no single company operates across all formats on a global basis.

The Costa team and I are extremely excited to be joining The Coca-Cola Company, said Dominic Paul,
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