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The original name of that particular apple juice product, Snapple, a portmanteau derived from the words snappy and apple, became the new name for their beverage company. Thus the Snapple Beverage Corporation was born, beginning in the early 1980s. [3] [4] Snapple would not manufacture their first tea, lemon tea, until 1987. [5]
Dr Pepper Snapple lowered the amount of PET in its bottles by over 60 million pounds between 2007 and 2014. [12] On November 22, 2016, Dr Pepper Snapple announced plans to make a cash purchase of Bai Brands for $1.7 billion. It had previously purchased a minority stake in the company for $15 million in 2015. [13]
In May 2008, Cadbury Schweppes spun off Cadbury Schweppes Americas Beverages into an independent company called the Dr Pepper Snapple Group, and renamed itself to Cadbury plc. [4] Dr Pepper/Seven Up still exists as a trademark and brand name as of 2024. [5] On July 9, 2018, Keurig acquired the Dr Pepper Snapple Group in an $18.7
Snapple first debuted its Elements beverage line in 1999. But six years after Elements' launch, Snapple axed the entire lineup, including its tea and energy drink spinoffs.
Dr Pepper Snapple Group (NYS: DPS) is a leading producer of flavored beverages in North America and the Caribbean. Our success is fueled by more than 50 brands that are synonymous with refreshment ...
Talk about a mixed bag. On the same day that Dr. Pepper Snapple Group (DPS) reported much better-than-expected earnings, gave a great raised outlook, and saw its share jump more than 5 percent, it ...
The full ownership allowed the beverage company to established its own bottling and distribution network for its U.S. soft drink brands, which included Dr Pepper and Snapple. [ 9 ] [ 7 ] The Cadbury Schweppes Bottling Group and the other beverage operations of Cadbury Schweppes were spun off in 2008 to form Dr Pepper Snapple Group , which ...
Dr Pepper Snapple Group (NYS: DPS) is expected to report Q2 earnings on July 24. Here's what Wall Street wants to see: The 10-second takeaway Comparing the upcoming quarter to the prior-year ...