{"id":173758,"date":"2025-08-25T07:27:11","date_gmt":"2025-08-25T07:27:11","guid":{"rendered":"https:\/\/www.europesays.com\/us\/173758\/"},"modified":"2025-08-25T07:27:11","modified_gmt":"2025-08-25T07:27:11","slug":"keurig-dr-pepper-to-buy-dutch-coffee-company-jde-peets-in-18-billion-deal","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/173758\/","title":{"rendered":"Keurig Dr Pepper to buy Dutch coffee company JDE Peet’s in $18 billion deal"},"content":{"rendered":"

POLAND – 2024\/12\/08: In this photo illustration, the Keurig Dr Pepper company logo is seen displayed on a smartphone screen. (Photo Illustration by Piotr Swat\/SOPA Images\/LightRocket via Getty Images)<\/p>\n

Sopa Images | Lightrocket | Getty Images<\/p>\n

Keurig Dr Pepper will acquire Dutch coffee and tea company JDE Peet’s in a roughly $18 billion deal that could give a boost to the U.S. giant’s struggling coffee business, the two companies said Monday.<\/p>\n

The deal was first reported by the Wall Street Journal<\/a>.<\/p>\n

Keurig Dr Pepper will pay JDE Peet’s shareholders 31.85 euros ($37.3) per share in cash, representing a 33% premium on the Dutch’s firm’s 90-day volume-weighted average stock price, which represents a total equity purchase of 15.7 billion euros ($18.4 billion). JDE Peet’s will, meanwhile, pay out a previously declared dividend of 0.36 euros per share prior to the deal closing.<\/p>\n

The takeover is expected to generate $400 million in cost synergies over three years.<\/p>\n

Keurig Dr Pepper, which owns brands such as Dr Pepper, 7Up, Snapple and Green Mountain Coffee, has seen shrinking sales at its U.S. coffee division, down 0.2% to $900 million in the second quarter due to a decline in the shipments of its single-serve coffee pods and Keurig coffee makers.<\/p>\n

Keurig Dr Pepper has been looking to raise its appeal with thrifty shoppers who prefer to drink their coffee at home, while also venturing into cold coffee offerings in a bid to attract the Starbucks and Dunkin clientele.<\/p>\n

Following the JDE Peet’s acquisition, Keurig Dr Pepper intends to split up its beverage and coffee units as two separate, U.S.-listed companies at the earliest opportunity. Such a step would effectively unwind the 2018 merger<\/a> between Keurig and Dr Pepper Snapple, which at the time created the third-largest beverage company in North America with roughly $11 billion in annual revenues.<\/p>\n

After the division, the resulting coffee company is anticipated to turn $16 billion in combined annual net sales and will be led by current Keurig Dr Pepper Chief Financial Officer Sudhanshu Priyadarshi.<\/p>\n

The beverages firm is, meanwhile, expected to have $11 billion in annual net sales and will be helmed, upon separation, by incumbent Keurig Dr Pepper CEO Tim Cofer.<\/p>\n

JDE Peet’s CEO, Rafael Oliveira, will stay in his post to helm the Dutch coffee company until the acquisition closes.<\/p>\n

\u2014 CNBC’s Victor Loh contributed to this report<\/p>\n","protected":false},"excerpt":{"rendered":"POLAND – 2024\/12\/08: In this photo illustration, the Keurig Dr Pepper company logo is seen displayed on a…\n","protected":false},"author":3,"featured_media":173759,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[9167,64,81,11731,67,132,68],"class_list":{"0":"post-173758","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-breaking-news-business","9":"tag-business","10":"tag-business-news","11":"tag-retail-industry","12":"tag-united-states","13":"tag-unitedstates","14":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115088225895028387","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/173758","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=173758"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/173758\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/173759"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=173758"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=173758"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=173758"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}