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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 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 ...
In November 2007, Cadbury Schweppes announced it would take the beverages unit public. On May 5, 2008, Cadbury Schweppes demerged its beverage holdings forming the Dr Pepper Snapple Group. Dr Pepper Snapple Group holds naming rights to the Dallas Stars' practice facility, the Dr Pepper Arena, which is located in Frisco, Texas. It also retains ...
Shareholders of Dr Pepper Snapple Group own 13% of the combined company, with Keurig shareholder Mondelez International owning 13% to 14% of that fraction. JAB Holdings owns the remaining 73-74%. [15] [16] In 2021, Keurig Dr Pepper opened its second headquarters in Frisco, Texas. Since April 2024, the CEO of Keurig Dr Pepper has been Tim Cofer. [3]
Snapple; Mott's Clamato (regular, the Works, Extra Spicy) Mott's Garden Cocktail (Regular & Low Sodium) Mr & Mrs T (daiquiri, margarita, pina colada) ReaLemon; ReaLime; Rose's Lime Cordial; Rose's Cocktail Infusions (cranberry, blueberry, green apple) Rose's Grenadine; Mott's Fruitsations (Fruit snacks, apple sauces, juices and Fruit with ...
[15] [16] Cadbury Schweppes' US-based beverage business (including RC) was spun off as "Dr Pepper Snapple Group (DPSG)" in 2008. DPSG merged with Keurig Green Mountain in 2018 as Keurig Dr Pepper, the current owners of the RC Cola brand. In 2001, all non-US businesses were sold to Cott Beverages of Canada and operated as Royal Crown Cola ...
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
In 1997, Triarc acquired Snapple Beverages from Quaker Oats for $300 million, [19] three years after Quaker Oats had purchased Snapple from leveraged buyout firm Thomas H. Lee Partners in 1994 for $1.7 billion. [20] Cable Car Beverage Corporation, maker of Stewart's Root Beer, was purchased by Triarc in November 1997 for $31 million in stock.