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Coca-Cola acquires Costa Coffee for $5.1 billion

PUBLIC · KOAug 02, 20267 days ago

Acquiring Company

Coca-Cola

Acquired Company

Costa Coffee

UxbridgeManufacturingFood and BeverageHospitalityFood ProcessingFood and BeverageHospitality

Description

Coca-Cola announced the acquisition of Costa Coffee for $5.1 billion in 2018. This marked Coca-Cola's entry into the hot beverage market, which had been absent from its portfolio. The acquisition expands Coca-Cola's already diverse beverage offerings. Costa Coffee is a beloved coffee shop brand in the UK with global reach.

Company Information

Company

Coca-Cola

Location

Uxbridge, Greater London, United Kingdom

About

Coca-Cola Europacific Partners (CCEP) is one of the world’s leading consumer goods companies, known for iconic brands like Coca-Cola, Fanta, Sprite and Monster. With a global business and strong local footprint, CCEP also offers local favourites and products across fast-growing categories such as coffee and ready-to-drink alcohol.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
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M&A deals with strong technology integration plans are 2.5x more likely to succeed

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