Dr Pepper Buys Peet’s for $18 Billion: Coffee and Cold Drinks Split Amidst Trade War Fears
Keurig Dr Pepper will split into two separate entities following an $18 billion deal to acquire the owner of Peet’s Coffee, effectively unwinding their 2018 merger. This strategic move will allow the two resulting companies to better focus on their respective markets: coffee and cold beverages. The combination with Peet’s parent company expands the coffee business’s global presence, while the split allows the beverage company to concentrate on growing categories like energy drinks. The separation is expected to generate cost savings and position each entity for growth, with the deal slated to close in the first half of 2026.
John Q. Hosedrinker