Keurig Dr Pepper to acquire GHOST Beverages for $1.24bn.

Keurig Dr Pepper, a manufacturer and distributor of coffee systems and ready-to-drink beverages including flavored sparkling soft drinks, agreed to acquire GHOST Beverages, an energy drink manufacturer, for $1.24bn. "GHOST is a differentiated brand with significant growth potential, and we are excited to partner with its founders to take the business to the next level. This acquisition strengthens our position in the attractive energy drink category, accelerating our portfolio evolution toward consumer-preferred, growth-accretive spaces through a disciplined deal structure," Tim Cofer, KDP CEO.