Europe

 

Specialty Tea & Coffee Reign at Tea & Coffee World Cup 2018

Tea remains the preferred cup in the United Kingdom – at least that was evident at this year’s Tea & Coffee World Cup, which was held in Birmingham, England, 3-5 September – but the interest in and growth of specialty coffee is strong.

Coca Cola to Buy UK’s Costa Coffee for $5.1 Billion

The Coca-Cola Company has agreed to buy Costa Coffee chain for $5.1 billion (approximately £3.9 billion) including debt to extend its push into healthier drinks and take on Starbucks Coffee and Nestlé in the global coffee market.