It was taken over by JAB, the holding company of the German billionaire Reimann family, in 2016 for .9 billion.
JAB has been on an acquisition spree in recent years, with a string of restaurant deals including Au Bon Pain, Krispy Kreme and Panera Bread as well as several coffee businesses from niche brand Intelligentsia to controlling the international coffee operations of Mondelez International .
Those shareholders will also retain a 13 percent stake in the combined company to be called 'Keurig Dr Pepper'.
So, we look at it very closely and we take advantage of any price we can, but we also want to make sure that we have the package lineup that the consumer wants out there.” Challenges ahead in 2015 While there is plenty of reason to be optimistic about the future of Dr Pepper Snapple, Marty Ellen, chief financial officer, cautioned that tough headwinds in the C. He said the company expects 2015 net sales will be up approximately 1%, net of a foreign currency headwind of 1%. Concern regarding a specific comment may be registered with the Editor by clicking the Report Abuse link.The company's shares jumped 25 percent on Monday to 9.70 in New York.Bernstein analyst Ali Dibadj estimates the deal's value at billion to billion."We have a really wide portfolio of brands, we're able to address almost every consumer need in every format and ...to reach every point of sale," Keurig Chief Executive Bob Gamgort told Reuters.