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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] On January 29, 2018, Keurig ...
The American Bottling Company, formerly Dr Pepper/Seven Up Bottling Group (1999–2006), Cadbury Schweppes Bottling Group (2006–2008), and Dr Pepper Snapple Bottling Group (2008), is the bottling company of Dr Pepper Snapple Group, and is a wholly owned subsidiary of that company. [1]
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. [81] [82] On July 10, shares in Keurig Dr Pepper (KDP) began trading on the New York Stock Exchange. [83] Its stock switched to NASDAQ in 2020. [84]
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Keurig agreed on Jan. 29 to offer $18.7 billion in cash a stake in the enlarged company to combine with Dr Pepper Snapple and form a North American drinks company, with brands such as Green ...
Dr. Pepper was created in the 1880s by the American pharmacist Charles Alderton in Waco, Texas, and was first nationally marketed in the United States in 1904. It is manufactured by Keurig Dr Pepper in the United States and Canada, by The Coca-Cola Company in the United Kingdom, Japan, and South Korea, and by PepsiCo in Europe.