Keurig Dr Pepper to Acquire JDE Peet’s and Subsequently Separate into Two Independent Companies

Keurig Dr Pepper and JDE Peet’s recently announced they have entered into a definitive agreement under which KDP will acquire JDE Peet’s in an all-cash transaction. This exciting deal will create a global coffee champion through the complementary combination of KDP’s Keurig®, North America’s leading single-serve coffee platform, with JDE Peet’s worldwide portfolio of beloved coffee brands. After the acquisition closes, KDP plans to separate into two independent, U.S.-listed publicly traded companies, creating a scaled growth challenger in North America’s attractive refreshment beverages [read more]