The Coca-Cola Company will retain 100% ownership of Costa Coffee. CFO John Murphy confirmed the decision to Bloomberg. The move ends months of sale speculation.

Coca-Cola continues to review Chinese operations.

Coca-Cola purchased the chain for approximately $5.1 billion. The acquisition occurred in 2018.

Costa Coffee reported an operating loss in 2024. Reports in late 2025 indicated previous sale discussions with private equity firms.

Costa stores show strong performance in the U.K. and Ireland. Express machines also show strong performance in these regions.