US EditionKeurig 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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Keurig Dr Pepper, parent of Peet's Coffee in $18 billion merger that essentially unwinds the marriage of hot and cold beverages from 2018
After the deal, the company will break itself in two, with one company selling coffee and the other selling cold beverages like Snapple, Dr Pepper, 7UP and energy drinks.
Idaho State Journal
Dr Pepper buys Peet's for $18 billion and will split into separate coffee and cold drink sellers
Keurig Dr Pepper says it will buy Peet’s Coffee owner JDE Peet’s in an $18 billion (15.7 billion euro) deal. When the acquisition is complete, the company plans to split into two separate companies, one focused on coffee and the…
Keurig Dr Pepper to buy Peet's coffee owner in $18B deal
Keurig Dr Pepper will acquire Dutch coffee company JDE Peet’s in an $18 billion all-cash deal, the companies announced on Monday.Under the terms of the deal, Keurig Dr Pepper will pay JDE Peet's shareholders 31.85 euros ($37.26) per share in cash, a 33% premium to JDE Peet's 90-day volume-weighted average stock price. This will equate to a total purchase price of 15.7 billion euros ($18.4 billion). Keurig Dr Pepper will pay JDE Peet's shareholde…
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