Keurig Dr Pepper in Advanced Talks to Acquire JDE Peet's: A $18 Billion Deal in the Works

Keurig Dr Pepper in Advanced Talks to Acquire JDE Peet's: A $18 Billion Deal in the Works

Keurig Dr Pepper is in advanced talks to acquire JDE Peet's, a Dutch coffee company, in a deal worth approximately $18 billion. The companies are considering a merger, followed by a separation of their beverage and coffee divisions. JDE Peet's, known for brands like L'Or and Douwe Egberts, has a market value of around $15 billion, while Keurig Dr Pepper is valued at nearly $50 billion. JDE Peet's recently raised its annual forecasts after reporting strong half-year earnings, driven by robust sales growth despite high coffee prices. Keurig Dr Pepper previously acquired a majority stake in energy-drink maker Ghost and plans to buy the remaining shares by 2028 to enhance its beverage portfolio.