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Keurig Dr Pepper buys Peet's, with plans to spin off coffee business
Keurig Dr Pepper plans to spend $18 billion to buy the Dutch company JDE Peet’s. The firm will then split in two, separating its soft drink business from its coffee business entirely. This is just the latest chapter in a now decades-long corporate trend of spinning off disparate business segments into independent companies.
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Keurig and Nespresso are both big names when it comes to coffeemakers. Coffeemakers have come a long way since the ones our parents used to use. Rather than having barebones machines without any ...
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