Keurig Dr Pepper Sells Chobani Stake for $925 Million Ahead of Split

Corporate Action
โดย Reuters·US·Read original
Summary · why it matters

Keurig Dr Pepper Inc. announced on September 1 that it will sell its entire equity stake in Chobani back to the yogurt maker for $800 million, plus a manufacturing facility and warehouse in Allentown, Pennsylvania, for $125 million, a combined $925 million. The sale unwinds KDP's investment in Chobani, which originated from its 2023 investment in La Colombe, later acquired by Chobani for $900 million. Chobani plans to invest about $1.2 billion over five years in the Allentown site, creating more than 900 jobs as part of a broader $4 billion investment across its manufacturing network. The divestiture continues KDP's portfolio reshaping since its $18 billion acquisition of JDE Peet's closed in April, and comes as the company prepares to split into two separate public companies, Beverage Co. and Global Coffee Co., targeted for early 2027. KDP will retain distribution rights for Chobani-owned beverages like La Colombe ready-to-drink lattes and maintain its La Colombe K-Cup licensing deal.

Impact on stocks 4

Artificial Intelligence▲ · 2 stocks
Consumer Staples▲ · 1 stocks
Keurig Dr Pepper Inc
KDP
▲ PositiveCapitalrelevance

KDP sells its Chobani stake and Allentown facility for $925M, unwinding an investment as it reshapes its portfolio ahead of the split.

Consumer Discretionary▲ · 1 stocks

Off-coverage companies 3

ChobaniPrivate▲ Positive
Capitalrelevance

Chobani buys back its equity stake and the Allentown facility for $925M and plans ~$1.2B of investment in the site.

JDE Peet'sPrivate± Mixed
relevance

La Colombe Coffee Roasters, LLCPrivate± Mixed
relevance

© 2026 MarketDXNews