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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]
The Old Snapple Elements. You may recall the wonderful year of 1999 — right before all of our computers were due to explode and destroy the universe — when Snapple Elements hit the market.
We’re all familiar with the classics like Snapple Mango and Peach Tea, but now the company has some fun new flavors, including their Elements drink line. This specialty line launched in 2022 and ...
In July 2018, Keurig Green Mountain acquired Dr Pepper Snapple Group in a deal worth $18.7 billion. Legally, Dr Pepper Snapple Group was the surviving company; it remained publicly traded and changed its name to Keurig Dr Pepper. [80] This created the third largest beverage company in North America.
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
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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]
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 ...