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Coca-Cola Looks to Sell Costa Coffee, Semafor Reports
The beverage giant is weighing another sale after private-equity offers fell short and a strategic bidder passed on valuation and strategy concerns.
- On Thursday, Coca-Cola began exploring a sale of Costa Coffee again, seeking to unwind its acquisition of the British coffeehouse chain after a previous sales process faltered earlier this year.
- The beverage giant acquired Costa for $5.1 billion in 2018 to extend its push into healthier drinks, but has struggled to grow the business meaningfully since the purchase.
- Coca-Cola explored selling the chain in late 2025 but halted the process in January after private equity bids came in below expectations, the Financial Times reported.
- At least one strategic acquirer recently evaluated purchasing Costa before passing due to valuation and strategic issues, according to Semafor's report.
- It remains unclear what price Coca-Cola might seek for the asset if it returns to the market, as the company did not respond to requests for comment.
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US-based Coca-Cola is launching a second attempt to divest its British coffee chain Costa Coffee. The sale, which was halted earlier this year due to unmet expectations from private equity bids, is now being re-evaluated with a reassessment of strategic potential buyers.
·Türkiye
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Coca-Cola looks to sell Costa Coffee, Semafor reports
Coca-Cola is seeking to unwind its $5 billion acquisition of British coffeehouse Costa Coffee after a sales process failed earlier this year, Semafor reported on Thursday, citing people familiar with the matter.
·London, United Kingdom
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US beverage giant Coca-Cola has taken steps to divest its British coffee chain Costa Coffee.
Coverage Details
Total News Sources20
Leaning Left2Leaning Right2Center7Last UpdatedBias Distribution64% Center
Bias Distribution
- 64% of the sources are Center
64% Center
L 18%
C 64%
R 18%
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