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Dr Pepper will unwind its merger with Keurig after buying Peet's for $18 billion

Dr Pepper will unwind its merger with Keurig after buying Peet's for $18 billion
business8/25/2025

Seven years after they merged, the soft drink maker and coffee pod innovator will become separate companies again. CEO Timothy Cofer said separate coffee and beverage businesses would be more nimble.

Dr Pepper will unwind its merger with Keurig after buying Peet's for $18 billion toggle caption Richard Drew/AP NEW YORK — Less than a decade after their merger, Keurig and Dr Pepper plan to become separate companies again. Keurig Dr Pepper said Mond... [3022 chars]