"Global Coffee Co. will aim to be the best coffee company in the world by combining global reach with local expertise to operate across all formats, segments, channels and price points."
"KDP's plan is to separate into two independent, U.S.-listed companies - a refreshment beverage company under Cofer and Global Coffee Co. under Oliveira."
"The coffee entity would combine KDP's Keurig single-serve platform with JDE Peet's international portfolio, which includes Jacobs, Douwe Egberts, L'OR, Peet's Coffee, Stumptown Coffee Roasters and Intelligentsia Coffee."
Keurig Dr Pepper has finalized its acquisition of JDE Peet's, securing 96.22% of its shares for approximately $18 billion. Rafael Oliveira, JDE Peet's CEO, will lead the combined coffee business and the planned spinoff, Global Coffee Co. KDP aims to create two independent companies, with Oliveira overseeing Global Coffee Co. The new entity will merge KDP's Keurig platform with JDE Peet's extensive brand portfolio, which includes over 50 brands sold in more than 100 markets, and reported sales of €9.9 billion in 2025.
Read at Daily Coffee News by Roast Magazine
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