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Keurig Dr Pepper receives $7bn investment to support business split and JDE Peet’s deal
Keurig Dr Pepper has received a $7 billion strategic investment, co-led by Apollo and KKR, to support its acquisition of JDE Peet’s alongside its split into two distinct businesses.
Starboard Value takes stake in Keurig Dr Pepper amid JDE Peet's acquisition
Activist investor Starboard Value has taken a stake in KDP, coinciding with its announcement of plans to acquire coffee maker JDE Peet's for approx. $18bn.
Mott’s, a brand under Keurig Dr Pepper, has introduced its first-ever line of Fruit Smoothie pouches, targeting the growing demand for convenient and nutritious snack options.