SHOWGROUNDS
  • Home
  • Opening Hours
  • Stores
  • Shopping Ideas
  • News
  • Info
    • Our Facilities
    • Clonmel Shopping Centre, Leasing Opportunities, Retail Clonmel
    • Contact
    • Mall Space
    • Centre Management
    • Your Personal Shopper
    • Clonmel Community

Coca-Cola to buy Costa coffee for £3.9bn

31/8/2018

0 Comments

 
Coca-Cola is to buy the Costa coffee chain from owner Whitbread in a deal worth £3.9bn.
Whitbread had intended to spin off the chain as a separate firm, but said a straight sale was more profitable.
costa coffee clonmel

Chief executive Alison Brittain said Whitbread would now focus on its Premier Inn business in the UK and Germany.
Whitbread bought Costa, which is now the UK's biggest coffee chain, for just £19m in 1995.
At the time, it had just 39 outlets. It now has more than 2,400 UK coffee shops, as well as some 1,400 outlets in 31 overseas markets. Costa Express has 8,237 vending machines worldwide. Whitbread shares were up 16% in Friday afternoon trading.
Speaking on the BBC's Today programme, Ms Brittain explained that Coca-Cola wanted to buy Costa because "they want the coffee product, they have no coffee in their range". She said the money from the sale would be used to expand the Premier Inn chain, return some cash to shareholders, pay down debt and boost the pension fund.
clonmel coffee shop costa
article source
0 Comments
    Clonmel Shopping

    Showgrounds
    Blog/News

    Special offers, local events and more...

    RSS Feed

STORE LISTINGS

Argos - A&E Jewellers Ltd. - BBs Bakers + Baristas  - Boston Barber Bars - Costa Coffee - Dealz - Easons - Golden Discs - Hale Vaping​ -
Iceland Foodstore
- Marks & Spencer Store - Marks & Spencer Food Hall - Marks & Spencer Cafe - Name It - ONLY - Pamela Scott - Pep & Co - Shake Dog - Sam McCauley Chemists​ - Tech Mac - Walsh's Gourmet Butcher - TK Maxx - The Edinburgh Woollen Mill - VILA

LOCATION

CONTACT

Centre Management Phone: 052 6189080
​
Email: info@showgrounds.ie
Write A Review
Customer Service - Leasing Information - Mall Space - Privacy & Cookie Policy
  • Home
  • Opening Hours
  • Stores
  • Shopping Ideas
  • News
  • Info
    • Our Facilities
    • Clonmel Shopping Centre, Leasing Opportunities, Retail Clonmel
    • Contact
    • Mall Space
    • Centre Management
    • Your Personal Shopper
    • Clonmel Community