Announced

Keurig Dr Pepper to acquire JDE Peet's for €15.7bn.

Synopsis

Keurig Dr Pepper, an American beverage and coffeemaker company, agreed to acquire JDE Peet's, a multinational coffee and tea company, for €15.7bn. "We are excited to join forces with Keurig to chart the future of global coffee by leveraging our combined portfolio of the world's most beloved coffee brands. This highly complementary transaction will deliver an attractive premium for our shareholders and will create compelling future growth opportunities for our employees, customers and other stakeholders," Rafa Oliveira, JDE Peet's CEO.

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