Keurig Dr Pepper to Acquire JDE Peet's and Subsequently Separate into Two Independent Companies - a Leading Refreshment Beverage Player and a Global Coffee Champion
Acquisition to create global coffee leader serving 100+ countries with an unparalleled brand portfolio across all coffee segments, channels and price points Subsequent separation to establish a fast-growing and scaled North American refreshment beverage player and the world's #1 pure-play coffee companyEach company will be positioned to win with focused strategies and attractive growth models, powered by iconic brand portfolios, and tailored capital allocation priorities, backed by strong cash flows Transfo ...