Keurig Dr Pepper Shares Updates For Plan To Split Into 2 Companies
Keurig Dr Pepper (KDP) has announced a timeline to separate into two companies by the end of 2026: "Global Coffee Co." and "Beverage Co."
KDP recently shared further details about its plans to split up into "two winning companies – a global coffee powerhouse and the most agile North American beverage leader," according to KDP CEO Tim Cofer in a statement.
"two winning companies – a global coffee powerhouse and the most agile North American beverage leader"
This decision comes after KDP acquired JDE Peet’s in August and aims to separate its soft drink and coffee businesses.
Author's summary: Keurig Dr Pepper to split into two companies by 2026.
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