CoolGuy
Costa Coffee is the biggest coffeehouse chain in the UK and the second largest globally after Starbucks. Established more than 50 years ago in London, it now runs over 2,700 shops across the UK and Ireland. In 2018, Coca-Cola purchased the company for £3.9 billion.
In addition to Bain Capital, TDR Capital (the owner of Asda supermarket) and Apollo showed interest in Costa Coffee, but the latter eventually retracted its offer.
Bain Capital oversees around $185 billion in assets. The Special Situations division, created in 2018, holds a majority stake in Bread Holdings (the parent company of the Gail's bakery chain) and was among the investors in the group that purchased the PizzaExpress pizza chain amidst the coronavirus pandemic.
Costa Coffee reported a net loss of £13.8 million on revenues of £1.2 billion for 2023, according to the most recent financial statements.
source: ft.com
In addition to Bain Capital, TDR Capital (the owner of Asda supermarket) and Apollo showed interest in Costa Coffee, but the latter eventually retracted its offer.
Bain Capital oversees around $185 billion in assets. The Special Situations division, created in 2018, holds a majority stake in Bread Holdings (the parent company of the Gail's bakery chain) and was among the investors in the group that purchased the PizzaExpress pizza chain amidst the coronavirus pandemic.
Costa Coffee reported a net loss of £13.8 million on revenues of £1.2 billion for 2023, according to the most recent financial statements.
source: ft.com
