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Coca-Cola is reportedly exploring the sale of Costa Coffee, the UK’s largest coffee chain, for approximately £2 billion—significantly below the £3.9 billion it paid to acquire the brand in 2018.
The beverage giant has engaged investment bank Lazard to assess strategic options, including potential interest from private equity firms. While discussions are ongoing, sources indicate that Coca-Cola may ultimately retain the business depending on market conditions and buyer interest.
Costa Coffee operates over 2,000 outlets across the UK and thousands more globally, including its Costa Express vending platform. Despite steady brand recognition, the chain has faced rising operational costs and competitive pressures, prompting Coca-Cola to reconsider its long-term positioning in the retail coffee sector.
A sale at the proposed valuation would mark a substantial write-down, though analysts note the impact on Coca-Cola’s broader financials would be limited given its diversified portfolio.
【Sources: Sky News, IBTimes UK, New Food Magazine】
Coca Cola Hq Atlanta Picture by Warren LeMay