Costa Coffee acquired by The Coca-Cola Company
The Coca-Cola Company acquired Costa Coffee, an United Kingdom & Global beverage brand, on Jan 3, 2019.
Transaction summary
- Target
- Costa Coffee
- Acquirer
- The Coca-Cola Company
- Seller
- Whitbread PLC
- Announced
- 2018-08-31
- Geography
- United Kingdom & Global
- Type
- Acquisition
- Deal type
- Control
- Stake acquired
- 100%
- First added
- 2026-10-31
- Latest update
- 2026-10-31
Value and multiples
100% enterprise value
GBP 3.9B
100% enterprise value | GBP
Basis: Public source
Reported price is assumed to be 100% EV unless stated otherwise. Partial-stake estimates are qualified in the basis notes.
Approx. $5.1B USD using FX date 2018-08-31 at 1.2983 GBP/USD.
EV / revenue
3.02x
Period: 2018
Basis: Public source
EV / EBITDA
16.4x
EBITDA basis not stated
Basis: Public source
Basis
- Reported value: £3.9bn enterprise value. Multiples use revenue of £1.29bn (2018) and EBITDA of £238m (2018).
Source summary
Proposed sale of Costa to Coca-Cola - Whitbread PLC
ConfirmedSale of Costa for an enterprise value of £3.9 billion, representing a multiple of 16.4x Costa FY18 EBITDA
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