Costa Coffee
Costa Coffee[edit | edit source]
Costa Coffee
| Type | Subsidiary |
|---|---|
| Founded | 1971 |
| Headquarters | Dunstable, Bedfordshire |
| Locations | 3,882 (2019) |
| Key people | Jill McDonald (CEO) |
| Industry | Coffeehouse |
| Revenue | £1.7 billion (2019) |
| Operating income | £260 million (2019) |
| Employees | 16,000 (2019) |
| Website | [costa.co.uk Official website] |
Costa Coffee is a multinational coffeehouse chain founded in 1971 by Sergio and Bruno Costa. It is headquartered in Dunstable, Bedfordshire, United Kingdom. Costa Coffee is a subsidiary of The Coca-Cola Company.
History[edit | edit source]
Costa Coffee was established in 1971 by Italian brothers Sergio and Bruno Costa. The first store was opened in London, England. Over the years, the company expanded rapidly and became one of the largest coffeehouse chains in the world.
In 1995, Costa Coffee was acquired by Whitbread PLC, a British multinational hospitality company. Under Whitbread's ownership, Costa Coffee continued to grow and opened stores in various countries.
In 2018, The Coca-Cola Company acquired Costa Coffee from Whitbread for £3.9 billion. This acquisition allowed Costa Coffee to further expand its global presence and leverage Coca-Cola's distribution network.
Operations[edit | edit source]
Costa Coffee operates thousands of stores worldwide, serving a wide range of hot and cold beverages, including coffee, tea, and specialty drinks. The company also offers a variety of food items, such as sandwiches, pastries, and snacks.
The company's stores are designed to provide a comfortable and inviting atmosphere for customers to relax and enjoy their beverages. Costa Coffee prides itself on using high-quality coffee beans and ensuring that each cup of coffee is made to perfection.
Sustainability Initiatives[edit | edit source]
Costa Coffee is committed to sustainability and has implemented various initiatives to reduce its environmental impact. The company aims to recycle as much waste as possible and has set a target to recycle 100 million takeaway cups by 2020.
Costa Coffee also supports coffee farmers through its Costa Foundation, which funds education and infrastructure projects in coffee-growing communities. The foundation has helped improve the lives of thousands of people in these communities.
See Also[edit | edit source]
References[edit | edit source]
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