- Coca-Cola is buying Costa Coffee for $US5.1 billion, a huge move into the coffee market.
- Costa is based in the UK, but has stores worldwide – here’s where they all are.
Coca-Cola is buying the biggest coffee company in Europe, Costa Coffee, for $US5.1 billion, it announced on Friday, making its first move into the coffee market.
Though most Costas are in Britain, part of the attraction will inevitably have been the chain’s global reach, including 459 stores in China, almost 60 in India, and a solitary outlet in Vietnam.
This map shows you the breadth of Costa’s reach, labelling each country with how many stores are there.
Here’s the data in full:
Here’s the full list as of May 2018.
Saudi Arabia 56
Czech Republic 45
Despite its global reach, Costa has a distinctive style that repeats itself all over the world. Business Insider published an in-depth store review based on a visit in London earlier today.
But there are, inevitably, some differences, and Costas can be seen next to some major landmarks.
There’s a Costa right opposite the famous Sagrada Familia in Barcelona.
Here’s what a store looks like in Jordan.
In Beijing, the capital of China…
…in Poznan, Poland…
And one by the coast in Qatar too…
The news broke on Friday that one of Europe’s largest coffee chains was selling for $US5.1 billion – more than 16 times Costa’s expected full-year earnings in 2018, Business Insider reported.
“Hot beverages is one of the few remaining segments of the total beverage landscape where Coca-Cola does not have a global brand,” Coca-Cola CEO James Quincey said in a statement, Business Insider reported. “Costa gives us access to this market through a strong coffee platform.”
The deal comes with the 3,882 worldwide stores.
Apart from in the United Kingdom, China has the most stores with nearly 460.
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