Luckin Coffee
Following initial reports on March 4, new details have emerged on China-based Centurium Capital's agreement to buy Blue Bottle Coffee's global cafés from Nestlé for under US$400 million. The deal highlights Blue Bottle's $250 million revenue, ongoing losses with profitability eyed for 2026, and challenges scaling in China's cutthroat coffee market, where Centurium's Luckin Coffee dominates by volume.
Von KI berichtet
Nestlé has reportedly finalized the sale of Blue Bottle Coffee's global café operations to Centurium Capital—controlling shareholder of Luckin Coffee—for $400 million, per Bloomberg and Nikkei Asia, following initial Chinese media reports last week. Nestlé retains the brand's packaged goods; the move pairs Blue Bottle's premium expertise with Luckin's scale for expansion into high-end markets.