Potential bidders for Costa Coffee have begun to fall away, with private equity firm KKR withdrawing its interest in acquiring the chain from CocaCola. The decision comes just days before
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Bain Capital, the American private equity giant and owner of well known brands such as Gails and Pizza Express, has tabled a first round offer for Costa Coffee, setting the
Costa Coffee, Britain’s leading high street coffee chain, has attracted interest from potential buyers as Coca Cola considers divesting the brand. Apollo Global Management, the owner of Wagamama’s parent group,
When Coca-Cola purchased Costa Coffee in 2018 for £3.9bn, the move was seen as a daring leap into the vibrant coffee market, promising to diversify the soft drink giant’s portfolio.
