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Keurig Dr Pepper buys Peet’s for $18B in major coffee deal

Companies announced on Monday that Keurig Dr Pepper will get the Dutch coffee company JDE Peet in a $ 18 billion deal.

Under the terms of the deal, Keurig Dr Pepper will pay 31.85 euros ($ 37.26) for cash, with 33 % of the average price of JDE Peet for 90 days. This is the total purchase price of 15.7 billion euros ($ 18.4 billion).

Keurig Dr Peppper will pay JDE Peet 31.85 euros per share in cash, which is the average share price of 33 % at the average price of JDE Pete for 90 days. JDE Pete will also pay a pre -announced profit of 0.36 euros per share before closing.

Keurig Dr Pepper has some of the largest brands of beverages in North America, including Dr. Pepper, Canada Dry, 7UP and A & W.

Keurig Dr Pepper portfire includes Canada Dry, 7UP and A & W. (Michael M. Santiago / Getty Images) / Getty Images)

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Once the deal is closed, the company plans to divide the beverage and coffee units into two separate companies publicly circulated: Global Coffee Co. The Beverage Keurig Dr Pepper, Tim Cofer CEO, Keurig Dr Pepper CFO Sudhanshu Priyadarshi will be headed by Global Coffee Company.

index protection last Changing % Change
Kdp Keurig Dr Peper Inc. 31.10 4.04

11.48 %

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By dividing the two companies into separate entities, both Beverage Co. will be. And Global Coffee Co. Its special strategy for growth and investment to achieve the value of shareholders in the long run.

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JDE Peet Coffee Porter includes Pete’s and L’Or. (Michael M. Santiago / Getty Images) / Getty Images)

After the deal, companies said that the Global Coffee Co. Portfolio Portforial Portfolio. It will include Keurig, Jacobs, L’Or and Pete’s. Global Coffee Co. And it will bring about $ 16 billion in annual sales and work in more than 100 countries.

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Keurig Dr Pepper plans to divide drinks and coffee units into two separate companies publicly circulating after acquisition. (Daniel Aker / Bloomberg via Getti Imagors / Tire)

This represents “a transformational moment in the drink industry, because we create a sabotage heritage of KDP by creating two winning companies, including a new world coffee champion,” Cofer said in a statement.

2025-08-25 12:59:00

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