Keurig Dr Pepper Inc.
KDPNASDAQConsumer Staples · Beverages
Market cap
$40.87B
Employees
30,600
Exchange
NASDAQ
Headquarters
FRISCO, TX
About Keurig Dr Pepper Inc.
Keurig Dr Pepper Inc. (KDP) is a leading beverage company operating in the consumer staples sector, formed through the 2018 merger of Keurig Green Mountain Coffee and Dr Pepper Snapple. KDP manufactures and distributes innovative coffee systems, including brewers and single-serve pods under the Keurig and Green Mountain brands, alongside popular ready-to-drink beverages like Dr Pepper, Snapple, and Canada Dry. In August 2025, KDP announced a transformative $18 billion acquisition of coffeemaker JDE Peet's, scheduled to close in April 2026. Following this strategic expansion, the company plans to separate into two distinct US-listed entities: one focused on refreshment beverages in North America, and another on global coffee operations. This strategic restructuring positions KDP to capitalize on growth opportunities in both segments while optimizing operational efficiency and shareholder value in the competitive beverage industry.