According to reports, Coca-Cola has halted its plans to sell Costa Coffee, the UK-based coffee chain that it acquired for $5.1 billion back in 2018.

ChariTea has expanded its UK retail presence with a nationwide listing in Waitrose, as the Lemonaid & ChariTea Foundation reports it has raised £11 million for social projects.

Cizzle Brands has acquired 100% of Flow Water from RI Flow Sub in a transaction valued at approximately CAD 83.75 million (approx. $60.63 million), subject to customary post-closing adjustments.

Compass Coffee has filed for Chapter 11 bankruptcy protection as it restructures parts of its business to address lower foot traffic and rising costs in Washington, DC.

Unilever Indonesia has agreed to divest its tea business in Indonesia, including the SariWangi brand, to Savoria Kreasi Rasa, a subsidiary of Djarum Group.

Fiddleheads Coffee has joined the FairWave Specialty Coffee Collective as it looks to secure its long-term future while maintaining its local roots.

Five Star Breaktime Solutions has completed the acquisition of Savannah Healthy Vending, expanding its operations and customer base in Georgia, US.

Nespresso has appointed Jean-Christophe Jaunin as its new chief executive officer for North America, according to Bloomberg.

UK-based coffee brand Grind has opened a new café at Waterloo station in London, one of the UK’s busiest commuter hubs.

Coca-Cola’s plans to sell Costa Coffee are at risk of being abandoned, according to the Financial Times, as negotiations with private equity firm TDR Capital encounter difficulties over valuation.

PayRange, a mobile-first commerce platform for unattended retail, has acquired KioSoft Technologies, a global provider of cashless payment and IoT solutions, for an undisclosed sum.

Nestlé is reportedly exploring the sale of its premium coffee chain, Blue Bottle Coffee, as part of a broader strategic review initiated by new CEO Philipp Navratil.