Keurig Dr Pepper Inc.

Investor Day 2025 was an energizing moment for Keurig Dr Pepper as we shared new details about strategy, leadership and financing regarding the acquisition of JDE Peet’s and subsequent planned separation into two winning companies - a global coffee powerhouse and the most agile leader in North American beverages. Thank you to everyone who joined us in person and virtually to share in the excitement and momentum of the day.

At our Investor Day yesterday, we had the opportunity to share how Keurig Dr Pepper is delivering strong results today and building for the future. We’re excited for our next chapter — the acquisition of JDE Peet’s and planned separation into a global coffee powerhouse and the most agile leader in North American beverages. In this special message, our CEO Tim Cofer reflects on Q3, the excitement of the day and the priorities that will continue to guide us going forward.

This #InternationalCoffeeDay, we're proud to showcase our R&D team’s dedication to bringing the coffeehouse experience straight to your home. ☕ From responsibly sourcing beans to enhancing flavor profiles and advancing brewing technologies, we're committed to delivering quality in every cup— today, tomorrow, and beyond.

Today, we made an exciting announcement about our agreement to acquire JDE Peet's, one of the world’s leading coffee companies. With a nearly 300-year legacy serving more than 100 countries, JDE Peet's has iconic brands, including billion-dollar titans like Jacobs, Peet’s and L’OR. We also shared our plans to ultimately create two distinct, publicly traded companies by separating our coffee and refreshment beverage businesses. By combining our own leading, single-serve business with JDE Peet's, we will create a global coffee powerhouse serving 100+ countries. In refreshment beverages, we will create the most agile, scaled player in North America with multiple ways to continue to grow and win. We’re creating two winning companies powered by our amazing top beverage talent. It is the incredible work and challenger mindset of our team that made this moment possible. Below is the video I shared with our team. You can also read more about the announcement at https://lnkd.in/gmgEQxtq

We’re excited to announce the acquisition of JDE Peet's – one of the world’s leaders in coffee – and the planned creation of two distinct companies by separating our coffee and refreshment beverage businesses. We are building upon our legacy of challenging the status quo in our industry by creating two winning companies: the #1 pure-play global coffee company and the most agile, scaled leader in North American beverages. Learn more about this transformational move at: https://lnkd.in/grnXFdtd