---
title: "Coca-Cola to Purchase Costa Coffee"
url: https://burnaze.com/article/31f821d5-9dc1-4030-ab6b-e4dd96511e08
source: "1851 Franchise"
original_url: https://1851franchise.com/coca-cola-to-purchase-costa-coffee-2707725
category: "Coffee & tea"
industry: "Restaurants"
segment: "Coffee & tea"
topics: ["Finance & M&A"]
published: 2018-08-31T14:09:01.000Z
modified: 2026-11-01T02:31:57.295Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/44023f2ffe2926f79e5cc62d088d93b02326.jpg
---

# Coca-Cola to Purchase Costa Coffee

**TL;DR:** Coca-Cola will purchase Costa Coffee for $5.1 billion, gaining control of 4,000 stores across 32 countries. The deal is expected to be completed in 2019.

*originally published in 1851 Franchise on 2018-08-31. [Read the original](https://1851franchise.com/coca-cola-to-purchase-costa-coffee-2707725).*

## Story

Coca-Cola will be buying UK-based coffee franchise, Costa Coffee for a total of $5.1 billion. According to a recent article in CNN Money, the company will gain control of 4,000 stores across a total of 32 countries with this deal, including the brand’s outlet locations known as Costa Express. The agreement is expected to be completed in 2019.

"Hot beverages is one of the few segments of the total beverage landscape where Coca-Cola does not have a global brand. Costa gives us access to this market with a strong coffee platform," said Coca-Cola CEO James Quincy.

The agreement will give Coca-Cola a voice in the coffee segment, where it will compete with other giants like Starbucks.

## Entities

- 1851 Franchise (publication)
- Restaurants (sector)
- Starbucks (company)
- global expansion (topic)
- Coke (company)
- coffee market (topic)
- brand acquisition (topic)
- Costa Coffee (company)
- Coke acquisition of Costa Coffee (deal)
- Coca-Cola acquisition of Costa Coffee (deal)

---
Originally reported by 1851 Franchise (https://1851franchise.com/coca-cola-to-purchase-costa-coffee-2707725). Summarized by Burnaze (https://burnaze.com/article/31f821d5-9dc1-4030-ab6b-e4dd96511e08).