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Keurig Dr Pepper acquires JDE Peet's for expansion

PUBLIC · KDPFeb 23, 2026

Acquiring Company

Keurig Dr Pepper

Acquired Company

JDE Peet's

FriscoFood and BeverageFood And BeverageHospitalityFood ProcessingFood and BeverageHospitality

Description

Keurig Dr Pepper Inc. announced plans for the acquisition of JDE Peet's, alongside financing strategies to support the process. The transaction is expected to close in early April 2026 and aims to create two independent companies upon completion. The financing will involve substantial equity and debt, ensuring a robust capital structure.

Quick answer

Keurig Dr Pepper is acquiring JDE Peet's, announced February 23, 2026. Keurig Dr Pepper is based in Frisco, Texas, United States.

How much did Keurig Dr Pepper pay for JDE Peet's?
The deal value was not disclosed.
What does Keurig Dr Pepper do?
Keurig Dr Pepper (KDP) is a leading beverage company in North America, with annual revenue of more than $14 billion and approximately 28,000 employees.
Where are Keurig Dr Pepper and JDE Peet's based?
Keurig Dr Pepper is based in Frisco, Texas, United States.
Who are the decision-makers at Keurig Dr Pepper?
Fundz holds 4 contacts at Keurig Dr Pepper. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Keurig Dr Pepper

Location

6425 Hall Of Fame Lane

Frisco, Texas, United States

About

Keurig Dr Pepper (KDP) is a leading beverage company in North America, with annual revenue of more than $14 billion and approximately 28,000 employees. KDP holds leadership positions in liquid refreshment beverages, including soft drinks, specialty coffee and tea, water, juice and juice drinks and mixers, and markets the #1 single serve coffee brewing system in the U.S. and Canada. The Company's portfolio of more than 125 owned, licensed and partner brands is designed to satisfy virtually any consumer need, any time, and includes Keurig®, Dr Pepper®, Canada Dry®, Clamato®, CORE®, Green Mountain Coffee Roasters®, Mott's®, Snapple®, and The Original Donut Shop®. Through its powerful sales and distribution network, KDP can deliver its portfolio of hot and cold beverages to nearly every point of purchase for consumers. The Company's Drink Well. Do Good. corporate responsibility platform is focused on the greatest opportunities for impact in the environment, its supply chain, the health and well-being of consumers and with its people and communities. For more information, visit www.keurigdrpepper.com.

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Frequently asked

Who acquired JDE Peet's?

JDE Peet's was acquired by Keurig Dr Pepper, based in Frisco. The deal was reported on February 23, 2026. Keurig Dr Pepper (KDP) is a leading beverage company in North America, with annual revenue of more than $14 billion and approximately 28,000 employees. Keurig Dr Pepper is publicly traded (KDP) and operates in Food and Beverage.

When did Keurig Dr Pepper acquire JDE Peet's?

Keurig Dr Pepper's acquisition of JDE Peet's was reported on February 23, 2026. Keurig Dr Pepper Inc. announced plans for the acquisition of JDE Peet's, alongside financing strategies to support the process. The transaction is expected to close in early April 2026 and aims to create two independent companies upon completion. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does JDE Peet's do?

JDE Peet's is the owner of popular coffee brands such as Douwe Egberts and L'Or. The company is dedicated to providing high-quality coffee and tea products to consumers worldwide. It is privately held, operating in Food and Beverage.

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