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Keurig Dr Pepper to acquire strategic assets from Kalil Bottling Company to strengthen national DSD operations

Keurig Dr Pepper to acquire strategic assets from Kalil Bottling Company to strengthen national DSD operations

05/31/24, 8:15 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgburlington
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgtucson
Industry
food processing
hospitality
food and beverage
food and beverage
retail
Keurig Dr Pepper announced an agreement to acquire all production, sales, and distribution assets of independent bottler Kalil Bottling Co. This acquisition creates opportunities for enhanced scale and brand building in a fast-growing region for beverages, and it is expected to close in the third quarter of 2024.

Company Info

Company
Keurig Dr Pepper
Location
Burlington, Massachusetts, United States
Company info
Keurig Dr Pepper (Nasdaq: KDP) is a leading beverage company in North America, with a portfolio of more than 125 owned, licensed and partner brands and powerful distribution capabilities to provide a beverage for every need, anytime, anywhere. With annual revenue of approximately $15 billion, we hold leadership positions in beverage categories including soft drinks, coffee, tea, water, juice and mixers, and have the #1 single serve coffee brewing system in the U.S. and Canada. Our innovative partnership model builds emerging growth platforms in categories such as premium coffee, energy, sports hydration and ready-to-drink coffee. Our brands include Keurig®, Dr Pepper®, Canada Dry®, Mott's®, A&W®, Snapple®, Peñafiel®, 7UP®, Green Mountain Coffee Roasters®, Clamato®, Core Hydration® and The Original Donut Shop®. Driven by a purpose to Drink Well. Do Good., our 28,000 employees aim to enhance the experience of every beverage occasion and to make a positive impact for people, communities and the planet.

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