Costa coffee was first poured on our shores in 1971 at 9 Newport Street, London, by Sergio and Bruno Costa. Today, just a few metres away from where they first set up, the Costa Roastery produces the same unique Mocha Italia blend that the Costa brothers worked so hard to create. Since then, a lot has changed, but our values and commitment to Coca-Cola has agreed to buy Costa Coffee, Britain’s largest coffee-shop chain, from UK company Whitbread for a staggering £3.92 billion ($5.1 billion). It’s “great news for shareholders,” but critics say it’s bad for Britain. The UK's largest coffee chain will be sold to soft drinks giant Coca-Cola for an eye-watering £3.9bn. The sale of Costa comes nearly 50 years after the first cup was poured, with the business Coca-Cola is making a move into the hot beverage market with the acquisition of Costa for £3.9bn as it looks to diversity away from its core business of sugary drinks. Coca-Cola is acquiring the Costa coffee chain from owner Whitbread as it looks to move into the coffee market and shore up its business as sales of fizzy drinks high in sugar The Coca-Cola Co has confirmed a final price of US$4.9bn for Costa Coffee as it completes the purchase of the UK-based coffee house chain it agreed last year. Georges Corbineau January 3, 2019 Share this article Costa is god awful coffee, why does r/ coffee have such poor taste sometimes This isn't really a community for readers & members to put on a show of how coffee-woke they are. We all know what Costa is, Costa knows what Costa is, and in general "but its terrible tho~!" is the lowest-effort and lowest-value contribution someone could make here. dqb0. 491 169 634 731 484 563 160 766

coca cola bought costa coffee