Keurig Dr Pepper Shares Updates For Plan To Split Into 2 Companies
Keurig Dr Pepper announced a timeline to separate into two companies by the end of 2026: "Global Coffee Co." and "Beverage Co."
The decision comes after acquiring JDE Peet’s and follows the 2018 merger of Keurig Green Mountain and Dr Pepper Snapple Group.
According to KDP CEO Tim Cofer, the goal is to create "two winning companies – a global coffee powerhouse and the most agile North American beverage leader."
KDP shared further details about its plans, marking a significant development in the company's structure.
Author's summary: Keurig Dr Pepper to split into two companies by 2026.
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