Nestle confirms it is selling Blue Bottle Coffee to Luckin owner Centurium Capital.
Nestle disclosed the Blue Bottle sale in its April 2026 sales release, naming Centurium Capital, the majority shareholder of Luckin, as the buyer. Closing is expected in the first half of the year and no price was given. Nestle paid about 425 million dollars for the Oakland-founded chain in 2017. The sale covers the cafes and most packaged coffee, while Nestle keeps the Nespresso pod rights. Blue Bottle had 78 US cafes at the end of 2025.