Keurig Dr Pepper (KDP) has announced its plan to separate into two companies by the end of 2026: "Global Coffee Co." and "Beverage Co."
The decision comes after KDP's acquisition of JDE Peet's and its subsequent plan to split its soft drink and coffee businesses, which have been under the KDP banner since the 2018 merger of Keurig Green Mountain and Dr Pepper Snapple Group.
Two winning companies – a global coffee powerhouse and the most agile North American beverage leader
according to KDP CEO Tim Cofer. Author's summary: Keurig Dr Pepper splits into two companies.