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Dr Pepper will unwind its merger with Keurig 7 years ago after buying Peet's for $18 billion
Keurig Dr Pepper said Monday it is buying the owner of Peet's Coffee for $18 billion (15.7 billion euro). Then it will break itself in two, with one company selling coffee and the other selling cold beverages like Snapple, Dr Pepper, 7UP and energy drinks.
Kickstart: An acquisition and a split for Keurig Dr Pepper
Dr Pepper sodas are about to be split from K-Cups as Keurig Dr Pepper Inc. prepares to buy global coffee supplier JDE Peet's for $18 billion in the first step of a corporate maneuver that will see it ultimately create two different standalone businesses — one focused on coffee and the other dedicated to all other soft drinks.
Keurig started selling K-cups pods made of polypropylene in 2016, with the goal of making 100 percent of K-cup pods "recyclable" by 2020. But the company has run into trouble for touting ...
Keurig and Nespresso are both big names when it comes to coffeemakers. Coffeemakers have come a long way since the ones our parents used to use. Rather than having barebones machines without any ...
One displays all 16 flavors of Dr Pepper, another shows a panoply of new energy drinks; walking down the hall we visit a gallery arraying dozens of Keurig models, from the K-Mini for dorm rooms to ...
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