Group 1 - JDE Peet's announced the repurchase of 230,025 shares from August 18 to August 22, 2025, at an average price of EUR 26.60 per share, totaling EUR 6.1 million [1] - The total number of shares repurchased under the buyback program to date is 5,477,094 ordinary shares for a total consideration of EUR 113.5 million [2] - The buyback program is part of a larger EUR 250 million initiative announced on March 3, 2025 [1][2] Group 2 - JDE Peet's is the world's leading pure-play coffee company, serving approximately 4,400 cups of coffee per second in over 100 markets [3] - In 2024, JDE Peet's generated total sales of EUR 8.8 billion and employed more than 21,000 employees globally [3]

Transaction Overview - Keurig Dr Pepper (KDP) will acquire 100% of JDE Peet's for an enterprise value of $23 billion[21] - The acquisition is expected to generate $400 million in cost synergies[28,49] - Following the acquisition, a tax-free separation is planned to create two independent U S -listed companies[23] New Companies - "Global Coffee Co " will have LTM net sales of $15 9 billion[23,49] and adjusted EBITDA of $3 1 billion[49] - "Beverage Co " will have LTM net sales of $11 1 billion[23,60] and adjusted EBITDA of $3 3 billion[60] - Global Coffee Co will have approximately 40% of net sales from North America and 40% from Europe[52] Financial Details - The offer price for JDE Peet's shares is €31 85 per share[77] - The acquisition represents a 12 9x Enterprise Value to Adjusted 2026E EBITDA multiple, or 10 5x including expected cost synergies[77] - Approximately 69% of JDE Peet's holders have irrevocably agreed to tender their shares[77]

Well, there's a lot of coffee news and a lot of merger news on an M&A Monday in August. Kurig Dr. . Pepper is buying Dutch coffee company JDE Pets for more than 18 billion dollars in cash.Kurig says the company, the merge company plans to separate its coffee and other beverage units as soon as practicable. Uh, practic practical, I'm assuming. Practical.Practicable. Pract practicable is a word. It is a word, but I've always thought since I started this job, why not go with practical.I I was like, maybe I nee ...

Group 1 - Atour Lifestyle Holdings Limited (ATAT) is a China-based lifestyle brands and hotel company with a current year earnings estimate revised 1.9% downward over the last 60 days [1] - La-Z-Boy Incorporated (LZB) is a furniture company that has seen its current year earnings estimate revised 10.6% downward over the last 60 days [1] - Primo Brands Corporation (PRMB) is a beverage company with a current year earnings estimate revised 14.4% downward over the last 60 days [2]

Core Points - Keurig Dr Pepper will acquire JDE Peet's for approximately $18 billion, marking a significant expansion in the beverage sector [1] - The acquisition price is set at 31.85 euros ($37.3) per share, which represents a 33% premium over JDE Peet's 90-day volume-weighted average stock price, totaling an equity purchase of 15.7 billion euros ($18.4 billion) [2] - Following the acquisition, Keurig Dr Pepper plans to separate its beverage and coffee units into two distinct, U.S.-listed companies, effectively reversing the 2018 merger that created the third-largest beverage company in North America with around $11 billion in annual revenues [3]

Keurig Dr Pepper agrees to buy JDE Peet’s for €15.7 billion to bolster its struggling coffee business https://t.co/o1KRmsby8L ...

Core Viewpoint - The acquisition of JDE Peet's by Keurig Dr Pepper (KDP) aims to create a global coffee leader, enhancing KDP's coffee positioning and establishing two independent companies focused on distinct beverage markets [1][4][6] Acquisition Details - KDP will acquire JDE Peet's for €31.85 per share, totaling approximately €15.7 billion, which represents a 33% premium over JDE Peet's 90-day average stock price [2][16] - The transaction will be funded through a combination of new debt and cash on hand, with KDP maintaining an investment-grade rating [17][54] Strategic Rationale - The acquisition is expected to unlock approximately $400 million in cost synergies over three years and provide earnings per share (EPS) accretion starting in the first year [4][6] - The combined company will have a strong, diversified global coffee portfolio, reaching over 100 countries and holding leading market positions in 40 of them [5][11] Company Structure Post-Acquisition - Upon separation, Global Coffee Co. will be the world's largest pure-play coffee company with approximately $16 billion in annual net sales, while Beverage Co. will focus on the North American refreshment beverage market with over $11 billion in annual net sales [5][6] - Tim Cofer will serve as CEO of Beverage Co., and Sudhanshu Priyadarshi will lead Global Coffee Co. after the separation [1][14] Market Position and Growth Potential - Global Coffee Co. will leverage its extensive portfolio, including brands like Keurig, Jacobs, and L'OR, to drive innovation and growth in the $400 billion coffee category [5][10] - Beverage Co. will capitalize on its strong free cash flow and capital-efficient growth model to enhance shareholder returns and support dynamic capital allocation [7][23] Future Outlook - The transaction is expected to close in the first half of 2026, subject to customary conditions and regulatory approvals [18][20] - Both companies will be positioned to deliver attractive returns to their investors through tailored growth strategies and optimized operating models [9][10]

Core Viewpoint - The acquisition of JDE Peet's by Keurig Dr Pepper (KDP) aims to create a global coffee leader, enhancing KDP's coffee positioning and establishing two independent companies focused on distinct beverage markets [1][4][6] Acquisition Details - KDP will acquire JDE Peet's for €31.85 per share, totaling approximately €15.7 billion, which represents a 33% premium over JDE Peet's 90-day average stock price [2][15] - The transaction will be funded through a combination of new debt and cash on hand, with KDP maintaining an investment-grade rating post-acquisition [16][51] Strategic Rationale - The acquisition is expected to unlock approximately $400 million in cost synergies over three years and provide earnings per share (EPS) accretion starting in the first year [4][6] - The combined company will have a strong, diversified global coffee portfolio, reaching over 100 countries and holding leading market positions in 40 of them [5][11] Company Structure Post-Acquisition - Upon separation, Global Coffee Co. will be the world's largest pure-play coffee company with approximately $16 billion in annual net sales, while Beverage Co. will focus on the North American refreshment beverage market with over $11 billion in annual net sales [5][6] - Tim Cofer will serve as CEO of Beverage Co., and Sudhanshu Priyadarshi will lead Global Coffee Co. after the separation [12][13] Market Position and Growth Potential - Global Coffee Co. will leverage its extensive portfolio, including brands like Keurig, Jacobs, L'OR, and Peet's, to drive innovation and growth in the $400 billion coffee category [5][10] - Beverage Co. will capitalize on its strong free cash flow and capital-efficient growth model to enhance shareholder returns and invest in organic and inorganic growth opportunities [7][10][21] Future Outlook - The transaction is expected to close in the first half of 2026, subject to customary conditions and regulatory approvals [17][19] - Both companies will be positioned to deliver attractive returns to their respective investor bases through tailored growth strategies and capital allocation frameworks [9][10]

Core Viewpoint - The acquisition of JDE Peet's by Keurig Dr Pepper (KDP) aims to create a global coffee leader, enhancing KDP's coffee positioning and establishing two independent beverage companies focused on distinct markets and growth strategies [1][4][6]. Group 1: Acquisition Details - KDP will acquire JDE Peet's for €31.85 per share, totaling approximately €15.7 billion, which represents a 33% premium over JDE Peet's 90-day average stock price [2][15]. - The acquisition will be funded through a combination of new debt and cash on hand, with KDP maintaining an investment-grade rating post-transaction [16][25]. - The transaction is expected to close in the first half of 2026, subject to customary conditions [17]. Group 2: Strategic Rationale - The acquisition is positioned as a transformational step in KDP's journey to enhance shareholder value, with anticipated cost synergies of approximately $400 million over three years [4][6]. - Upon separation, Global Coffee Co. will become the world's largest pure-play coffee company with around $16 billion in annual net sales, while Beverage Co. will target the North American refreshment beverage market with over $11 billion in annual net sales [5][6]. Group 3: Market Positioning - Global Coffee Co. will operate in over 100 countries, holding the 1 or 2 market position in 40 of those, benefiting from a diverse portfolio across all coffee segments [5][11]. - Beverage Co. will leverage its strong distribution system and iconic brands to compete effectively in the $300 billion North American refreshment beverage market [6][10]. Group 4: Leadership and Structure - Tim Cofer will serve as CEO of Beverage Co., while Sudhanshu Priyadarshi will lead Global Coffee Co. after the separation [12][13]. - The global headquarters for Global Coffee Co. will be in Burlington, Massachusetts, with Beverage Co. headquartered in Frisco, Texas [14]. Group 5: Future Growth and Innovation - The combined entity is expected to drive coffee innovation and growth, capitalizing on KDP's disruptive spirit and JDE Peet's legacy [8][10]. - Both companies will focus on tailored growth strategies and capital allocation frameworks to deliver sustained value to shareholders [9][19].

Exclusive: Keurig Dr Pepper is nearing a roughly $18 billion deal for JDE Peet’s, the European owner of Peet’s Coffee https://t.co/ApgyxXozio ...