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New Deal


Announced

Keurig Dr Pepper agreed to acquire the Core Nutrition for $525m.

Financials

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Transaction Value£398m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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health & fitness

Food Retailers and Wholesalers

Domestic

Acquisition

United States

Single Bidder

Majority

Friendly

Private

Pending

Food Products

Synopsis

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Keurig Dr Pepper, a beverage company, to acquire the Core Nutrition, a Company that specializes in the distribution of bodybuilding supplements, for $525m. "CORE® has been a valued and successful allied brand partner, and we are pleased that this on-trend beverage will become part of our owned KDP family of brands. Our sales and distribution capabilities have helped fuel significant growth for the CORE® portfolio. Through this transaction we intend to realize the full growth potential for the business," Bob Gamgort, Keurig Dr Pepper CEO.

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