Group 1 - Coca-Cola has abandoned the plan to sell Costa Coffee due to the private equity bidders' offers not meeting expectations, marking another setback for the company during its ownership of the struggling UK coffee chain [1] - The auction process for Costa Coffee was halted in December, with TDR Capital and Bain Capital among the late-stage bidders [1][2] - Coca-Cola had set a sale target price of approximately £2 billion for Costa Coffee, which is about half of the £3.9 billion it paid for the chain in 2018 [1] Group 2 - If a deal with TDR Capital had been reached, Coca-Cola would have retained a minority stake in Costa Coffee [2] - Costa Coffee operates over 2,700 stores in the UK and Ireland, and the decision to terminate the sale coincides with the upcoming leadership change at Coca-Cola [2] - Coca-Cola's CEO acknowledged that Costa Coffee "failed to deliver the expected results," indicating potential plans to restart the sale process in the medium term [2] Group 3 - Costa Coffee's revenue for 2024 is projected at £1.2 billion, but the company has reported a significant increase in operating losses to £13.5 million, attributed to low foot traffic and intense competition from budget rivals [3] - The UK coffee industry is facing challenges from rising coffee bean prices and increased labor costs, exacerbated by a recent hike in employer national insurance contributions [3] Group 4 - The failure of the sale plan may force Coca-Cola to write down the asset value of Costa Coffee on its balance sheet [4] - Costa Express, the self-service coffee machine business, recorded a £51 million impairment due to the decision to discontinue "some prototypes" [4]
可口可乐公司已放弃出售Costa Coffee的计划