Keurig Dr Pepper Inc. is making a recommended public offer for JDE Peet's N.V., aiming to enhance its market presence in the coffee sector with an offer of EUR 31.85 per share.

Target Information

Keurig Dr Pepper Inc. (KDP) has announced its intention to make a recommended public offer for all outstanding ordinary shares of JDE Peet's N.V. This announcement comes as part of regulatory requirements outlined in Dutch law, specifically under the Dutch Decree on public takeover bids. The proposed offer includes a cash compensation of EUR 31.85 per share, along with a previously declared dividend of EUR 0.36 per share, which JDE Peet's may pay at its discretion prior to the closing of the offer.

JDE Peet's is recognized as a leading global coffee company, serving approximately 4,400 cups of coffee per second across over 100 markets. The company's product range includes prominent brands such as Peet’s, L’OR, and Jacobs, among others. Having generated sales of EUR 8.8 billion in 2024, JDE Peet's employs over 21,000 individuals globally, and continues to thrive in the competitive coffee industry.

Industry Overview

The coffee industry in the Netherlands, where JDE Peet's is headquartered, has shown remarkable growth over the past few years. As a coffee-centric market, the Netherlands has become one of the largest coffee consume