Coca-Cola bought Costa Coffee in 2018. In a statement from the company, Costa’s CEO Jill McDonald said: “After 50 years of celebrating some of the most enjoyable books written by hugely talented authors from across the UK and Ireland, Costa Coffee has taken the difficult decision to end the book awards.” Coca-Cola has agreed to buy coffee chain Costa Coffee from UK drinks and hotels group Whitbread for £3.9 billion ($5.1 billion). Costa has nearly 4,000 stores across 32 countries. Sergio Costa founded the company in 1971 in London. Whitbread bought the company from Coca-Cola in 1995, and Coca-Cola later bought it back. Since then, Costa Coffee has grown to over 3400 locations in 31 countries, employing over 18,000 people. Costa Coffee has its headquarters in Dunstable, United Kingdom. Coca-Cola has struggled to integrate its $5.6 billion Chico premium sparkling mineral water, purchased the remaining stake in Fairlife and doled out $5.1 billion to add Costa Coffee. All the latest content about Costa Coffee from the BBC. Coca-Cola to buy Costa coffee for £3.9bn 31 August 2018 31 Aug 2018. Comments. 631. Why is Coca-Cola buying Costa? Audio, 00:00:22 . Coca-Cola, which bought Costa Coffee for $5.1 billion in 2018, is tapping tech to sell the product with its BaristaBot. A robotic kiosk, BaristaBot lets consumers order via cell phone in a The beverage giant has over 500 brands that it partially or fully owns. Some of the top brands that Coca-Cola owns include Sprite, Powerade, Minute Maid, Fanta, and Dasani. Coca-Cola’s total The Coca-Cola Company is to buy Costa Coffee from Whitbread for $5.1bn (£3.9bn), it was announced on Friday (31 August). So what’s in the acquisition of the UK’s biggest coffee chain for Coke? Here are five big potential gains. Costa Coffee – 1,650 jobs 3 September: The company, which was bought by Coca-Cola two years ago, is cutting up to 1,650 jobs in its cafes, more than one in 10 of its workforce. The assistant Georgia Coffee is not only popular in the U.S., it's Japan's leading coffee brand, according to Coca-Cola's website, "offering quality, canned coffee since 1975." Products: Classic Original, Deep

coca cola bought costa coffee