Keurig Dr Pepper

American beverage company formed through the merger of Keurig Green Mountain and Dr Pepper Snapple Group, producer of hot and cold beverages.

Company Type

public

Founded

2018

Headquarters

Plano, Texas, USA

Stock

NYSE: KDP

Revenue

$11.2 billion (2024)

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.

History of Keurig Dr Pepper

Keurig Dr Pepper was formed on July 9, 2018, through the merger of Keurig Green Mountain and Dr Pepper Snapple Group. The merger created a new beverage company combining Keurig's single-serve coffee technology and Dr Pepper Snapple's extensive portfolio of carbonated soft drinks and other beverages.

Keurig Green Mountain traced its origins to 1990 and became famous for its Keurig single-serve coffee brewing systems. Dr Pepper Snapple Group was formed in 2008 when Cadbury Schweppes split its beverage business, bringing together iconic American soft drink brands.

The merger was valued at approximately $18.7 billion and was structured to create a company with complementary product portfolios and distribution networks. The combined company could offer both hot and cold beverages, with Keurig's coffee systems and Dr Pepper's soft drinks creating a comprehensive beverage platform.

Since the merger, Keurig Dr Pepper has focused on integrating operations, expanding distribution, and developing new products across both hot and cold beverage categories. The company has maintained strong brand recognition and market positions in both coffee and soft drink segments.

Brands Owned by Keurig Dr Pepper

View all 10 brands

Keurig Dr Pepper owns 10 brands in our database. Showing featured brands below.

7 Up

Owned by Keurig Dr Pepper

American lemon-lime flavored carbonated soft drink brand known for its crisp, clean taste and caffeine-free formula.

soft-drinklemon-limecaffeine-free

A&W Root Beer

Owned by Keurig Dr Pepper

Classic root beer brand owned by Keurig Dr Pepper, known for its distinctive vanilla and spice flavor profile.

root-beersoft-drinksoda

Canada Dry

Owned by Keurig Dr Pepper

Beverage brand specializing in ginger ale and other carbonated drinks, owned by Keurig Dr Pepper.

ginger-alebeveragescarbonated-drinks

Clamato

Owned by Keurig Dr Pepper

Tomato juice cocktail mixer brand owned by Keurig Dr Pepper, known for blending tomato and clam flavors.

tomato-juicecocktail-mixerbeverage

Core Hydration

Owned by Keurig Dr Pepper

Premium purified water brand owned by Keurig Dr Pepper, known for mineral-enhanced hydration.

purified-watermineral-waterhydration

Diet Coke

Owned by Keurig Dr Pepper

Zero-calorie cola soft drink brand owned by The Coca-Cola Company, formulated with a distinct taste profile.

soft-drinkzero-caloriediet-cola

View all 10 brands owned by Keurig Dr Pepper

Shop Keurig Dr Pepper Brands

Disclosure: We may earn commission from purchases

7 Up on Amazon

A&W Root Beer on Amazon

Canada Dry on Amazon

Stock Information

Keurig Dr Pepper Ownership: Pros & Cons

Advantages

+Diversified portfolio across hot and cold beverage categories
+Strong brand recognition with iconic American beverage brands
+Extensive distribution network reaching retailers and food service
+Market leadership in single-serve coffee and flavored soft drinks
+Synergies between coffee systems and soft drink operations

Considerations

-Intense competition from Coca-Cola and PepsiCo in soft drinks
-Competition from Nestlé and Starbucks in coffee products
-Health concerns about sugar consumption affecting soft drink sales
-Changing consumer preferences toward healthier beverage options
-Integration challenges from combining two large beverage companies

Frequently Asked Questions About Keurig Dr Pepper

Is Keurig Dr Pepper owned by another company?

No, Keurig Dr Pepper is an independent, publicly traded company with no parent organization. The company was formed through the 2018 merger of Keurig Green Mountain and Dr Pepper Snapple Group and operates independently.

Is Keurig Dr Pepper publicly traded?

Yes, Keurig Dr Pepper is publicly traded on the New York Stock Exchange under the ticker symbol KDP. The company has been publicly traded since its formation through the merger in 2018.

When was Keurig Dr Pepper founded?

Keurig Dr Pepper was formed on July 9, 2018, through the merger of Keurig Green Mountain and Dr Pepper Snapple Group. The merger created a combined beverage company with complementary product portfolios in hot and cold beverages.

Who created Keurig Dr Pepper?

Keurig Dr Pepper was created through the merger of two established companies: Keurig Green Mountain (coffee systems) and Dr Pepper Snapple Group (soft drinks). The merger was a strategic business combination rather than being founded by individuals.

What is Keurig Dr Pepper's market position?

Keurig Dr Pepper holds strong positions in both coffee and soft drink markets. The company is a leader in single-serve coffee systems through Keurig and maintains significant market share in flavored soft drinks through brands like Dr Pepper and 7 Up. KDP competes with major beverage companies while benefiting from its diversified portfolio.

About Keurig Dr Pepper

History of Keurig Dr Pepper

Brands Owned by Keurig Dr Pepper