Keurig Dr Pepper buys Dutch coffee company JDE Peet's for over $18 billion
The $18 billion acquisition will create two independent companies, aiming for $16 billion in coffee and $11 billion in beverage sales, targeting significant cost synergies and market leadership.
- On Aug. 25, 2025, Keurig Dr Pepper announced it will acquire JDE Peet's in an all-cash tender offer valued at 15.7 billion, paying 31.85 per share, a 33% premium.
- Post-Close, KDP plans to spin off distinct beverage and coffee platforms into U.S.-listed firms Beverage Co. and Global Coffee Co., targeting refreshment drinks and the $400 billion coffee market across more than 100 countries.
- KDP and JDE Peet's highlighted financing and governance support, expecting $400 million in cost synergies, funded by new debt and cash, with 69% voting power and unanimous board backing as of August 22, 2025.
- The companies set a timeline and an investor call; JDE Peet's shares surged about 17–18% on the takeover news, and a conference call is scheduled for Monday, August 25, 2025 at 8:00 AM , with closing expected in the first half of 2026.
- The companies cautioned about forward-looking risks including regulatory approvals and litigation, committed to two-year non-financial covenants respecting employee rights, and plan Euronext Amsterdam delisting soon with Global Coffee Co. HQ in Burlington and international HQ in Amsterdam.
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American beverage giant Keurig Dr Pepper has agreed to buy Dutch coffee company JDE Peet's for 15.7 billion euros, equivalent to 380 billion crowns. This is the largest acquisition in Europe in more than two years, the British news website BBC reported.
Keurig Dr Pepper to buy Peet’s parent, then separate coffee and soft drink businesses
Less than a decade after their merger, Keurig and Dr Pepper plan to become separate companies again.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.The agreement unwinds the 2018 merger of Keurig and Dr Pepper. Shares of Keurig Dr Pepper fel…
US conglomerate Keurig Dr Pepper to buy owner of Dutch coffee giant Peet's for €15.7bn
US conglomerate Keurig Dr Pepper will buy the owner of Peet's Coffee in an €15.7bn deal, then break itself in two, with one company selling coffee and the other selling cold beverages like Snapple, Dr Pepper, 7UP and energy drinks.
Keurig Dr. Pepper to acquire Peet’s in $18 Billion deal
Keurig Dr Pepper said Monday that it would acquire European coffee company JDE Peet’s for roughly $18 billion in the latest megadeal by food companies trying to stay a step ahead of changes in consumer demand.
The two new entities will deal separately with coffee, with the purchase of Peet的s Coffee, and fresh drinks.
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