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Keurig Dr Pepper to acquire strategic assets from Kalil Bottling Company to strengthen national DSD operations

May 31, 2024over 1 year ago

Acquiring Company

Keurig Dr. Pepper

Acquired Company

Kalil Bottling

BurlingtonTucsonFood ProcessingHospitalityFood and BeverageFood and BeverageRetail

Description

Keurig Dr Pepper announced an agreement to acquire all production, sales, and distribution assets of independent bottler Kalil Bottling Co. This acquisition creates opportunities for enhanced scale and brand building in a fast-growing region for beverages, and it is expected to close in the third quarter of 2024.

Company Information

Company

Keurig Dr. Pepper

Location

Burlington, Massachusetts, United States

About

Keurig Dr. Pepper is a beverage company known for its coffee and soft drink offerings. It operates a variety of popular brands, including Dr. Pepper, 7UP, and Snapple. The company focuses on providing diverse beverage options across various channels.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed