Keurig Dr Pepper to Acquire JDE Peet’s for $18.4 Billion and Split Into Two Global Giants
The U.S. beverage giant behind Dr Pepper, 7Up, and Keurig coffee will acquire the Dutch coffee powerhouse and separate into two listed companies: Beverage Co. and Global Coffee Co. Keurig Dr Pepper (KDP) announced Monday it will acquire Dutch coffee group JDE Peet’s — owner of iconic brands including Douwe Egberts, Kenco, and Peet’s Coffee — in a deal valued at more than $18 billion, marking one of the largest beverage sector transactions in recent years. The U.S. company, which produces Dr Pepper, 7Up, and Keurig coffee systems, will pay €31.85 ($37.26) per share in cash to JDE Peet’s shareholders, … Continue reading Keurig Dr Pepper to Acquire JDE Peet’s for $18.4 Billion and Split Into Two Global Giants
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