Whitbread plc (LON:WTB) Expanding Coffee Empire

Whitbread plc (LON:WTB) has invested £60million into expanding its coffee business. Whitbread plc (LON:WTB) Expanding Coffee Empire Flash Player 9 or higher is required to view the chart Click here to download Flash Player now View the full WTB chart at Wikinvest Whitbread plc (LON:WTB), the owner of the Costa chain, has expanded its coffee empire with the acquisition of Coffee Nation for £60million. The UK leisure group secured the deal to move into self-service coffee bars. It will launch Costa Express across the country in various locations including motorway service stations, hospitals, universities and airports. Andy Harrison, the chief executive officer of Whitbread plc (LON:WTB) said that, “Customers increasingly want great tasting coffee on the go, which makes the self-serve coffee market very attractive." Whitbread plc (LON:WTB) shares stood at 1644 at the end of the last trading session (last trade 2 Mar 16:35). Price History Last Price: 1644 52 Week Range: 1,260.00- 1,899.00 Last Vol: 2073024 3 Month Vol: 585559
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