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The combined company would be named Keurig Dr Pepper and would trade publicly on the New York Stock Exchange. Shareholders of Dr Pepper Snapple Group would own 13% of the combined company, while Keurig shareholder and Cadbury current owner Mondelez International owning 13–14%, and JAB Holdings owning the remaining majority stake. [ 5 ]
Keurig Dr Pepper Inc. (/ ˈ k j ʊər ɪ ɡ /), formerly Green Mountain Coffee Roasters (1981–2014) and Keurig Green Mountain (2014–2018), is a publicly traded American beverage and coffeemaker conglomerate with headquarters in Burlington, Massachusetts, and Frisco, Texas. [6]
By 1998 Dr Pepper/Seven Up, a subsidiary of Cadbury Schweppes, was hindered by its bottling and distribution systems; owning no private bottling plants, it was dependent on independent bottlers or those controlled by Coca-Cola or Pepsi to bottle its beverages, and those two giant competitors also had better distribution systems and more influence with retail and fast-food chains.
It is the Canadian division of Keurig Dr Pepper (KDP). It was a subsidiary of Cadbury-Schweppes and was previously called Cadbury Beverages Canada Inc. Cadbury plc spun off its beverage division to form Dr Pepper Snapple Group in May 2008 and the name of the Canadian division was changed to the current name. [2]
Dr. Pepper has long stood in the shadow of Coca-Cola and Pepsi in the soft-drink wars, and that's not likely to change any time soon. Even so, some stock market experts say Keurig Dr Pepper's (KDP)...
Piper Sandler analyst Michael Lavery initiated coverage on Keurig Dr Pepper Inc (NASDAQ:KDP) with a Neutral rating and a $35.00 target price. The analyst voiced caution regarding ongoing coffee ...