Keurig Dr Pepper to buy Peet's coffee owner in $18B deal

Core Viewpoint - Keurig Dr Pepper is set to acquire Dutch coffee company JDE Peet's in an $18 billion all-cash transaction, marking a significant move in the beverage industry [1][9]. Group 1: Acquisition Details - The acquisition price is set at 31.85 euros ($37.26) per share, representing a 33% premium over JDE Peet's 90-day volume-weighted average stock price [1][2]. - The total purchase price amounts to approximately 15.7 billion euros ($18.4 billion) [1]. Group 2: Company Structure Post-Acquisition - Following the completion of the deal, Keurig Dr Pepper plans to separate its beverage and coffee units into two distinct publicly traded companies: Global Coffee Co. and Beverage Co. [4]. - Tim Cofer, the CEO of Keurig Dr Pepper, will lead Beverage Co., while CFO Sudhanshu Priyadarshi will head Global Coffee Co. [4]. Group 3: Financial Impact and Market Position - Global Coffee Co. is expected to generate around $16 billion in annual sales and will operate in over 100 countries [6]. - The separation into two entities will allow each company to pursue tailored growth strategies and investment plans to enhance long-term shareholder value [4][9].