Tag: M&A

RTD Coffee Market consolidating. Coca Cola acquired the second largest industry player, Costa Coffee

Sep 12, 2018

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by

Fabrice Gennaro

in Retail

SUMMARY: Coca Cola had recently acquired the second largest Coffee Chain Costa Coffee for £3.9bn. It is also planning to produce a drink using cannabis extract. TARGET: Costa Coffee was founded in the UK in 1971 by two Italian brothers, Sergio and Bruno Costa. In 1995 the company was acquired by Whitbread for £23m at…