Keurig Dr Pepper Inc. was formed in 2018 through the merger of Keurig Green Mountain and Dr Pepper Snapple. The company produces and markets coffee systems, including brewers and single-serve pods, under the Keurig and Green Mountain brands, while also offering ready-to-drink beverages such as flavored non-cola sparkling soft drinks under established names including Dr Pepper, Snapple, and Canada Dry. On August 25, 2025, Keurig Dr Pepper announced a definitive agreement to acquire coffee company JDE Peet’s for $18 billion in cash, with the transaction currently expected to close in April 2026. After the deal is completed, the company intends to separate into two U.S.-listed businesses, with one focused on North American refreshment beverages and the other on global coffee operations.