Keurig Dr Pepper in $18 Billion Acquisition of JDE Peet’s

Cleary Gottlieb is representing Keurig Dr Pepper (KDP) on the global antitrust aspects of its $18 billion acquisition of JDE Peet’s, the world’s leading pure-play coffee and tea company.

This exciting deal will create a global coffee champion through the complementary combination of KDP’s Keurig with JDE Peet’s worldwide portfolio of beloved coffee brands. After the acquisition closes, KDP plans to separate into two independent, U.S.-listed publicly traded companies, creating a scaled growth challenger in North America’s attractive refreshment beverages market (Beverage Co.) and the world’s No. 1 pure-play coffee company (Global Coffee Co.).