August 25, 2025
Through the complementary combination of Keurig and JDE Peet’s, we are seizing an exceptional opportunity to create a global coffee giant.
Keurig Dr Pepper CEO Tim Cofer in a news release Monday announcing the acquisition of Dutch coffee company JDE Peet’s.
Why It Matters: Keurig hopes the $18 billion deal will create buzz in its coffee market share, where sales have slowed. After the acquisition is finalized, Keurig will split into two companies: a coffee company and a beverage company.
Did You Know? According to recent data, Americans drink more coffee daily than any other beverage – including water.
Learn More:
- Read the full news release HERE.
- Keurig Dr Pepper to buy Dutch coffee company JDE Peet’s in $18 billion deal (CNBC)
by Stephanie Wagner, based in Florida
