The transaction has been the company’s largest acquisition in Europe for more than two years as part of attempts to create a global giant coffee.
American Keurig Dr Pepper Soft Drinks Giant gets Dutch Company JDE Peet’s, the famous brand is the Jacobs Coffee. It was reported by Bloomberg and Reuters.
It has been mentioned that the manufacturer of Dr Pepper, 7UP and Schweppes, Keurig Dr. Pepper also stands behind the Green Mountain Coffee brand, and has a cooperation in the rival of the Lavazza industry.
At the beginning of this week, the American Company with headquarters in Berlington, Massachusetts, and Frisco, Texas, announced the Dutch company JDE Peet’s company was worth $ 18 billion.
According to analysts, the transaction has been the company’s largest acquisition in Europe for more than two years, in the context of an attempt to create a global giant coffee. Such will compete, for example, with the head of the market – Nestlé (Swiss Food manufacturer, with the headquarters in the veva).
As you know, JDE Peet’s is a pretty new company. It is slightly derived from Dutch Douwe Egberts. This company had previously quoted the Stock Exchange in 2012, but soon the German Jab, a company standing behind a large German coffee brand Jacobs.
The current value of the JDE Peet market in the Amsterdam Stock Exchange, according to Bloomberg, is about $ 15 billion. The value of the Keurig Dr Pepper market reached about 50 billion dollars.
JDE Peet includes a variety of brands, including L’Oor, Senseo, Tassimo and Pickwick. JDE Peet holds more than 21,000 employees worldwide. In 2024, the Netherlands Company received an income of 8.8 billion euros.
Keurig Dr Pepper is one of the largest companies in US drinks. Keurig Dr Pepper was created in 2018 by integrating the Keurig Green Mountain and Dr Pepper Snapple Group. The headquarters are located in Berlington, Massachusetts, and Frisco, Texas. The KDP portfolio has more than 125 brands, including: Dr Pepper, Canada Dry, 7up, Keurig and Peet’s. The company holds more than 29,000 employees. Keurig Dr Pepper’s annual income exceeds $ 15 billion.
Remember, Coca-Cola announced the launch of a new drink in the United States, sweetened with sugar in the American Reed.
It is also reported that Intel agreed to sell the US government 10% of shares.
News from CORRESPONDENT.NET On the telegram and whatsapp. Subscribe to our channels https://t.me/KorresPondentNet and WhatsApp
Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.