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The Independent UK
The Independent UK
National
Ap Correspondent

Dr Pepper to buy Peet’s Coffee owner in huge $18 billion deal

Keurig Dr Pepper Keurig Tim Cofer Euro
When the acquisition is complete, the company plans to split into two separate companies, one focused on coffee and the other focused on beverages including Dr Pepper, Canada Dry, 7Up and energy drinks - (Getty)

Keurig Dr Pepper said Monday it will buy Peet's Coffee owner JDE Peet's in a deal worth about $18 billion (15.7 billion euro).

When the acquisition is complete, the company plans to split into two separate companies, one focused on coffee and the other focused on beverages including Dr Pepper, Canada Dry, 7Up and energy drinks.

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