Keurig Dr Pepper Inc. manufactures and distributes a broad portfolio of hot and cold beverages in North America, including soft drinks, specialty coffee and tea, water, juices, mixers, and single-serve brewing systems; key brands encompass Dr Pepper, Canada Dry, Snapple, Bai, Mott's, CORE, Green Mountain Coffee Roasters, Keurig, and The Original Donut Shop. The company, formed through the 2018 merger of Keurig Green Mountain and Dr Pepper Snapple Group and tracing roots to 1981, maintains dual headquarters in Burlington, Massachusetts, and Plano, Texas, with approximately 29,000 employees across 30 manufacturing sites and 170 distribution centers. It sells products through supermarkets, mass merchandisers, e-commerce, restaurants, and direct channels, targeting consumers seeking refreshment, energy, or comfort at any time and location.
In recent developments, Keurig Dr Pepper announced in October 2024 the €15.7 billion ($18.2 billion) acquisition of JDE Peet's, a Dutch coffee and tea giant, backed by a $7 billion investment co-led by Apollo and KKR with Goldman Sachs participation; $4 billion funds a new K-Cup pod manufacturing joint venture where KDP retains control, while $3 billion bolsters the beverage business. The company plans to separate into two independent public entities by late 2026—Global Coffee Co. and Beverage Co.—with CEO Tim Cofer leading the latter and a search underway for the coffee unit's leader to enhance focus and shareholder value. Keurig Dr Pepper also reported Q3 2025 results with raised full-year sales outlook, driven by energy drink demand amid tariff challenges in coffee.