Who Owns Schweppes?
Schweppes is owned by Keurig Dr Pepper, a publicly traded American beverage company listed on the NYSE (KDP). Keurig Dr Pepper operates Schweppes as their premium mixer and carbonated beverage brand.
Parent Company
Keurig Dr Pepper
Founded
1783
Status
Publicly Traded
Headquarters
Plano, Texas, USA
Who Owns Schweppes?
- Parent Company: Keurig Dr Pepper
- Ownership Type: Wholly owned
- Company Type: Publicly Traded
- Stock Ticker: NYSE: KDP
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Schweppes | Keurig Dr Pepper | Wholly owned |
History of Schweppes
- Founded: 1783
- Founders: Jacob Schwepp
Schweppes was founded in 1783 by Jacob Schweppe, a Swiss-German watchmaker and amateur scientist who had been experimenting with carbonating water in Geneva. Schweppe developed a practical method for producing carbonated mineral water on a commercial scale, building on the scientific work of Joseph Priestley, who had discovered how to infuse water with carbon dioxide in 1767. Schweppe's innovation was to develop a commercially viable process for producing and bottling carbonated water in sufficient quantities to sell to consumers.
Schweppe initially sold his carbonated water in Geneva, marketing it as a health product with claimed medicinal benefits. Carbonated water was believed at the time to have therapeutic properties similar to natural mineral springs, and Schweppe positioned his product accordingly. The business was successful enough that Schweppe relocated to London in 1792, establishing a factory in Drury Lane to serve the British market.
In London, Schweppe's carbonated water found a ready market among physicians, who recommended it to patients, and among the general public, who valued it as a refreshing and supposedly healthful drink. The company supplied carbonated water to the British royal family and received a royal warrant, establishing the brand's prestige positioning that has persisted for over two centuries.
The development of Schweppes tonic water in the 19th century was driven by the British colonial experience in tropical regions, particularly India. British soldiers and colonial administrators in India were required to take quinine as a prophylactic against malaria, but quinine's intensely bitter taste made it difficult to consume. Mixing quinine with carbonated water and sugar produced a more palatable drink, and Schweppes developed a commercial tonic water formulation that became widely consumed in British colonial territories. The practice of mixing tonic water with gin, which became the gin and tonic, originated in this colonial context and remains one of the most popular cocktails worldwide.
Schweppes expanded its product range through the 19th and early 20th centuries, adding ginger ale, lemonade, and other carbonated beverages to its tonic water and soda water offerings. The brand became one of the most recognized beverage brands in the British Empire and expanded internationally through the 20th century.
In 1969, Schweppes merged with Cadbury, the British confectionery company, forming Cadbury Schweppes. The merger combined Cadbury's chocolate and confectionery brands with Schweppes' beverage portfolio. Cadbury Schweppes grew into a major international food and beverage company over the following decades, acquiring additional beverage brands including Dr Pepper and 7 Up in the United States.
In 2008, Cadbury Schweppes separated its beverage and confectionery businesses. The beverage operations, which included Dr Pepper, 7 Up, Snapple, and the North American Schweppes business, became Dr Pepper Snapple Group, a separately listed public company. The confectionery business retained the Cadbury name and was subsequently acquired by Kraft Foods in 2010, becoming part of what is now Mondelez International.
Dr Pepper Snapple Group merged with Keurig Green Mountain in 2018 to form Keurig Dr Pepper, which continues to own and operate the Schweppes brand in the United States and Canada.
About Keurig Dr Pepper
Keurig Dr Pepper operates as a leading beverage company in North America, producing both hot and cold beverages through its extensive portfolio of brands. The company's business model combines single-serve coffee systems with traditional soft drink distribution and manufacturing.
The company's portfolio includes coffee systems (Keurig), carbonated soft drinks (Dr Pepper, 7 Up), juices (Snapple, Mott's), and other beverage products. Keurig Dr Pepper leverages its manufacturing capabilities, distribution networks, and brand recognition to serve retailers, food service operators, and consumers.
Keurig Dr Pepper employs approximately 27,000 people globally, with major operations in Plano, Texas, and Burlington, Massachusetts. The company continues to expand its beverage offerings while maintaining strong positions in both the coffee and soft drink markets.
- Founded: 2018
- Headquarters: Plano, Texas, USA
- Company Type: Publicly Traded
- Stock: NYSE: KDP
- Revenue: $11.2 billion (2024)
Where Is Schweppes Made / Based?
- Headquarters: Plano, Texas, USA
- Manufacturing / Operations: United Kingdom, United States, International markets
Brands Owned by Keurig Dr Pepper
- 7 Up - American lemon-lime flavored carbonated soft drink brand known for its crisp, cl...
- A&W Root Beer - Classic root beer brand owned by Keurig Dr Pepper, known for its distinctive van...
- Canada Dry - Beverage brand specializing in ginger ale and other carbonated drinks, owned by ...
- Clamato - Tomato juice cocktail mixer brand owned by Keurig Dr Pepper, known for blending ...
- Core Hydration - Premium purified water brand owned by Keurig Dr Pepper, known for mineral-enhanc...
- Diet Coke - Zero-calorie cola soft drink brand owned by The Coca-Cola Company, formulated wi...
- Dr Pepper - American carbonated soft drink brand created in the 1880s, known for its unique ...
- Hawaiian Punch - Fruit punch beverage brand owned by Keurig Dr Pepper, known for its tropical fru...
- Keurig - Single-serve coffee brewing system brand owned by Keurig Dr Pepper, known for in...
Schweppes Ownership: Pros & Cons
Advantages
- +Over 240 years of brand heritage as the originator of the commercial carbonated beverage industry provides unmatched historical credibility
- +The brand's role in creating tonic water and its association with the gin and tonic provide a strong positioning anchor in the premium mixer market
- +Keurig Dr Pepper's national US distribution network ensures Schweppes availability at every major grocery, convenience, and on-premise account
- +The split ownership structure allows Schweppes to benefit from both Keurig Dr Pepper's North American infrastructure and Coca-Cola's international distribution
- +The premium mixer segment's growth, driven by the craft cocktail movement, supports Schweppes' market positioning
Considerations
- -The split ownership structure between Keurig Dr Pepper (North America) and Coca-Cola (international) creates complexity in global brand management and consistency
- -Fever-Tree and other premium mixer brands have captured market share in the on-premise and ultra-premium segments, challenging Schweppes' positioning
- -Keurig Dr Pepper's North American focus limits the brand's ability to pursue a unified global marketing strategy
- -Competition from Canada Dry, also owned by Keurig Dr Pepper in the US, creates internal competition within the same parent company's portfolio
- -Store-brand tonic waters and ginger ales at significantly lower price points compete for price-sensitive consumers
Frequently Asked Questions About Schweppes
Competitors to Schweppes
No direct competitors found in the same category. This could be because Schweppesoperates in a unique market segment or we're still building our competitor database.
Keurig Dr Pepper Stock Information
Jobs at Keurig Dr Pepper
Latest News About Schweppes
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