M&A Deal Summary

Coca-Cola Acquires Costa Limited

On August 31, 2018, Coca-Cola acquired beverage company Costa Limited from Whitbread for 3.9B GBP

Acquisition Highlights
  • This is Coca-Cola’s 17th transaction in the Beverages sector.
  • This is Coca-Cola’s 0th largest (disclosed) transaction.
  • This is Coca-Cola’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2018-08-31
Target Costa Limited
Sector Beverages
Buyer(s) Coca-Cola
Sellers(s) Whitbread
Deal Type Divestiture
Deal Value 3.9B GBP

Target

Costa Limited

Dunstable, United Kingdom
Costa Limited is a global coffee brand. Costa operations include 4,000 retail outlets, a coffee vending operation, for-home coffee formats and Costa’s roastery. Costa Limited was formed in 1971 and is headquartered in Dunstable, England.

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Buyer(S) 1

Buyer

Coca-Cola

Atlanta, Georgia, United States
Category Company
Founded 1886
Sector Beverages
Employees79,100
Revenue 45.8B USD (2023)
DESCRIPTION
Coca-Cola's corporate headquarters in Atlanta, Georgia.
Coca-Cola's corporate headquarters in Atlanta, Georgia.

Coca-Cola is a global brand and producer of beverages. The Company's brands include Coca-Cola, Diet Coke, Coca-Cola Light, Coca-Cola Zero, Sprite, Fanta, Minute Maid, Powerade, Aquarius, Dasani, Vitaminwater, Georgia, Simply, Minute Maid Pulpy, Del Valle, Ayataka, Bonaqua/Bonaqa, and Schweppes. Coca-Cola dates back to 1886 and is based in Atlanta, Georgia.

DEAL STATS #
Overall 18 of 19
Sector (Beverages) 17 of 18
Type (Divestiture) 3 of 3
Country (United Kingdom) 1 of 1
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-09 Coca-Cola Canada Bottling

Toronto, Ontario, Canada

Coca-Cola Canada Bottling is Coca-Cola’s exclusive franchised bottling and distribution partner across Canada of Coca-Cola products along with other partner brands such as Canada Dry, Monster Energy, and A&W. Coca-Cola Canada Bottling is based in Toronto, Ontario.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-13 Suja Juice

Oceanside, California, United States

Suja Juice is an organic, non-GMO, cold-pressed juice brand and among the fastest-growing beverage companies in the U.S. Suja is available for purchase at most major grocery and natural foods stores nationwide and select products can be purchased online at sujaJuice.com. Suja Juice was founded in 2012 and is based in Oceanside, California.

Sell -

Seller(S) 1

SELLER

Whitbread

Dunstable, United Kingdom
Category Company
Founded 1742
Sector Restaurants
Employees36,700
Revenue 3.0B GBP (2024)
DESCRIPTION

Whitbread is a multinational hotel, coffee shop, and restaurant. Whitbread was founded in 1742 and is based in Dunstable, England.

DEAL STATS #
Overall 1 of 1
Sector (Beverages) 1 of 1
Type (Divestiture) 1 of 1
Country (United Kingdom) 1 of 1
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-03 Healthy Retail

London, United Kingdom

Pure is a food-led grab and go and online delivery concept, that specialises in fresh, natural healthy meals made individually for the customer. Pure currently has eight shops in London's West End and The City and further sites in the pipeline.

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