Business
Keurig Dr Pepper Acquires JDE Peet’s and Announces Rafael Oliveira as CEO of Future Global Coffee Co.
Transaction creates global coffee powerhouseOliveira will continue as JDE Peet’s CEO and joins KDP to lead combined coffee business This is a joint press release by Keurig Dr Pepper Inc., Kodiak BidCo B.V. and JDE Peet’s N.V. in connection with the recommended public cash offer by Kodiak BidCo B.V. (the “Offeror”) for all issued and outstanding ordinary shares in the capital of JDE Peet’s N.V. (such offer, the “Offer”, such shares, the “Shares” and each holder of such Shares, a “Shareholder”). T
About this update from Keurig Dr Pepper Inc.
[{"type":"image","alt":"JDE Peet's N.V.","displaySize":"","headline":null,"caption":"JDE Peet's N.V.","className":"","disableSlideshowImg":false,"size":{"original":{"width":150,"height":150,"url":"https://media.zenfs.com/en/globenewswire.com/6b6c474af8b86a6fc7723fbc60b1c574"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/f5V_J5E5WGcojmokAVEZYw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIxMDtoPTIxMA--/https://media.zenfs.com/en/globenewswire.com/6b6c474af8b86a6fc7723fbc60b1c574","width":150,"height":150}},"lazy":false},{"type":"text","content":"Transaction creates global coffee powerhouseOliveira will continue as JDE Peet’s CEO and joins KDP to lead combined coffee business ","length":132,"tagName":"p"},{"type":"text","content":"This is a joint press release by Keurig Dr Pepper Inc., Kodiak BidCo B.V. and JDE Peet’s N.V. in connection with the recommended public cash offer by Kodiak BidCo B.V. (the “Offeror”) for all issued and outstanding ordinary shares in the capital of JDE Peet’s N.V. (such offer, the “Offer”, such shares, the “Shares” and each holder of such Shares, a “Shareholder”). This announcement does not constitute an offer, or any solicitation of any offer, to buy or subscribe for any securities in JDE Peet’s N.V. The Offer is being made only by means of the offer memorandum dated 15 January 2026 (the “Offer Memorandum”). Terms not defined in this press release will have the meaning as set forth in the Offer Memorandum. This press release is not for release, publication, or distribution, in whole or in part, in or into, directly or indirectly, in any jurisdiction in which such release, publication, or distribution would be unlawful.","length":928,"tagName":"p"},{"type":"text","content":"BURLINGTON, Mass., FRISCO, Texas and AMSTERDAM, April 1, 2026 – Keurig Dr Pepper Inc. (“KDP” or “the Company”) (NASDAQ: KDP) and JDE Peet’s N.V. (“JDE Peet’s”) (EURONEXT: JDEP) jointly announced that KDP has acquired 96.22% of the Shares of JDE Peet’s in the Offer. The transaction marks a major milestone in the Company’s strategic transformation and long‑term growth agenda.","length":376,"tagName":"p"},{"type":"text","content":"With this acquisition, KDP is bringing together world‑class brands, deep category expertise, and complementary capabilities in coffee across JDE Peet’s and KDP’s Keurig business. The Company is moving forward with detailed integration efforts focus...