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Euronews
Eleanor Butler

Keurig Dr Pepper to buy European coffee firm JDE Peet’s in €16bn deal

Keurig Dr Pepper JDE Peet Dr Pepper Keurig United States

Drinks giant Keurig Dr Pepper will acquire European coffee company JDE Peet’s for almost €16 billion, the two firms said on Monday.

The purchase, first reported by the Wall Street Journal, will lead to a break-up of the firms’ coffee and soft-drinks units, dismantling the 2018 merger that united Keurig and Dr Pepper.

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