Coca-Cola to buy Costa Coffee for £3.9bn
 

Coca-Cola is to buy the Costa coffee chain for £3.9bn, after owner Whitbread demerged it earlier this year.

https://www.bbc.co.uk/news/business-45365893

Is there anything British left..:rolleyes:

Re: Coca-Cola to buy Costa chain
 

There's me i'm British ;)

Not a fan of overpriced coffee outlets whoever owns them .

Re: Coca-Cola to buy Costa chain
 

Never been to a coffee outlet so not bothered. There are plenty of side street cafe's with delicious coffee.

Re: Coca-Cola to buy Costa chain
 

Indeed. Why pay a fortune to waltz down the street with an adult Tomee Tipee mug?

Probably about to become even more overpriced.

Re: Coca-Cola to buy Costa chain
 

Or you can use one of those coffee makers at home which has so many flavours to choose from and its much cheaper.:)

Re: Coca-Cola to buy Costa Coffee for £3.9bn
 

Am not surprised. They have gone from a small UK only coffee company in mid 90s to now a global phenomenon.

I would say better than Starbucks.

Re: Coca-Cola to buy Costa Coffee for £3.9bn
 

Bring back the Lyons tea rooms...I say.

Re: Coca-Cola to buy Costa Coffee for £3.9bn
 

Give me a Tetley Black & 2 sugars anyday.

Re: Coca-Cola to buy Costa Coffee for £3.9bn
 

Even the famous Tetley Tea isn't British anymore. . .

Tetley is a wholly owned subsidiary of the Indian multinational corporation Tata Global Beverages (formerly Tata Tea), the second largest manufacturer of tea in the world after Unilever


It's an incredible experience when you look into who now owns many of those famous brands from yesteryear :shocked:

Re: Coca-Cola to buy Costa Coffee for £3.9bn
 

These are just a few of the iconic brands now owned by foreign companies.

https://www.msn.com/en-gb/money/comp...fpa3h#image=34

Re: Coca-Cola to buy Costa Coffee for £3.9bn
 

As an American, the purchase of Anheuser-Busch by InBev was like a dagger through my heart. That doesn't mean that I was enamored with their product. Budweiser was (is) a second rate (and that's being generous) product. However, they were an American institution and I took their acquisition by a foreign entity personally.

Some of you may have heard of Chock full 'o nuts coffee. Who in their right mind would want nuts in their coffee? NOBODY! Yet, as a wholly American institution, I appreciate the fact that they remained faithful to the nation. Budweiser, no matter how American they might be, could not muster the intestinal fortitude to maintain that relationship. Damn them to hell!

Re: Coca-Cola to buy Costa Coffee for £3.9bn
 

When I said that the weakened £ would result in good British companies being acquired by overseas companies people called it Project Fear. We've now seen our largest tech company ARM sold to the Japanese and our most successful coffee retailer sold to the Americans. So fewer dividends and tax receipts flowing to the UK in the future.
This is what taking back control looks like...for the Japanese and Americans!

Re: Coca-Cola to buy Costa Coffee for £3.9bn
 

I don't buy brand names. I tend to look for own brands where possible or lesser known brands.Mind that's mainly down to cost.

Re: Coca-Cola to buy Costa Coffee for £3.9bn
 

Not getting involved in the words Project fear as that is just invented hyperbole but it extremely disappointing and sad that yet more big companies are allowed to be swallowed up willy nilly by foreign companies with HMG doing diddly squat about it as if it was the Americans , Chinese ,French and Germans governments it would be a different kettle of fish one would imagine.

Yes taking back control Andrew but there certainly won't be many companies the British control sadly.

Re: Coca-Cola to buy Costa Coffee for £3.9bn
 

Losing control Den as the evidence shows.
The Government does have something in mind to tackle the situation but I think it's rather wishy-washy. https://www.bbc.co.uk/news/business-44932704