Dr Pepper Snapple Group was an American multinational

soft drink A soft drink (see #Terminology, § Terminology for other names) is a class of non-alcoholic drink, usually (but not necessarily) Carbonated water, carbonated, and typically including added Sweetness, sweetener. Flavors used to be Natural flav ...

company based in

Plano, Texas Plano ( ; Spanish language, Spanish for "flat surface" /'plano/) is a city in the U.S. state of Texas, where it is the largest city in Collin County, Texas, Collin County. A small portion of Plano is located in Denton County, Texas, Denton Count ...

. Since July 2018, it is a

business unit A strategic business unit (SBU) in business strategic management, is a profit center which focuses on product offering and market segment. SBUs typically have a discrete marketing plan, analysis of competition, and marketing campaign, even thoug ...

of the publicly-traded conglomerate

Keurig Dr Pepper Keurig Dr Pepper Inc. ( ), formerly Green Mountain Coffee Roasters (1979–2014) and Keurig Green Mountain (2014–2018), is a publicly traded American beverage and coffeemaker conglomerate with headquarters in Burlington, Massachusetts, and ...

. Formerly Cadbury Schweppes Americas Beverages, part of

Cadbury Schweppes Cadbury, formerly Cadbury's and Cadbury Schweppes, is a British multinational corporation, multinational confectionery company owned by Mondelez International (spun off from Kraft Foods, Inc., Kraft Foods) since 2010. It is the second-largest c ...

, on May 5, 2008, it was spun off from Cadbury Schweppes as Dr Pepper Snapple Group, with the remainder of Cadbury Schweppes becoming

Cadbury Cadbury, formerly Cadbury's and Cadbury Schweppes, is a British multinational confectionery company owned by Mondelez International (spun off from Kraft Foods) since 2010. It is the second-largest confectionery brand in the world, after Mars. ...

, a confectionery group. Trading of Dr Pepper Snapple Group's shares commenced on May 7, 2008, on the

NYSE The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock excha ...

as "DPS." On July 9, 2018, Keurig Green Mountain acquired Dr Pepper Snapple Group, and became

; the following day, the merged company began trading anew on the NYSE as "KDP."

History

Cadbury Schweppes purchased Dr Pepper/Seven Up in 1995. Beverage America and Select Beverages bottlers were purchased from the

Carlyle Group The Carlyle Group Inc. is an American multinational company with operations in private equity, alternative asset management and financial services. As of 2023, the company had $426 billion of assets under management. Carlyle specializes in ...

in February 1998. Snapple, Mistic, and Stewart's (formerly Cable Car Beverage) were sold by Triarc Companies, Inc. to

in 2000 for $1.45 billion. That October, Cadbury Schweppes purchased Royal Crown Cola from Triarc. In 2006 and 2007, Cadbury Schweppes purchased the Dr Pepper/Seven Up Bottling Group, along with several other regional bottlers. This allowed DPS to bottle many of its own beverages and combat the recent decision by many Pepsi and Coca-Cola bottlers who had dropped their Dr Pepper and Snapple products to promote new product additions from Pepsi and Coca-Cola. Some of the Dr Pepper/Seven Up brands are still licensed to Pepsi, Coca-Cola, and independent bottlers in various regions of the United States and Canada. In November 2007, Cadbury Schweppes announced it would take the beverages unit public. On May 5, 2008, Cadbury Schweppes demerged its beverage holdings forming the Dr Pepper Snapple Group. Dr Pepper Snapple Group holds naming rights to the

Dallas Stars The Dallas Stars are a professional ice hockey team based in Dallas. The Stars compete in the National Hockey League (NHL) as a member of the Central Division (NHL), Central Division in the Western Conference (NHL), Western Conference. The Stars ...

' practice facility, the Dr Pepper Arena, which is located in

Frisco, Texas Frisco is a city in the U.S. state of Texas, located in Collin County, Texas, Collin and Denton County, Texas, Denton counties. It is part of the Dallas–Fort Worth metroplex (DFW) and about from both Dallas Love Field and Dallas/Fort Worth In ...

. It also retains non-alcoholic beverage rights to each facility's concessions as a result of the deals as well as sponsorships with the NHL franchise. In 2008, Dr Pepper Snapple Group purchased a minority interest in Big Red, Inc, makers of Big Red, NuGrape, Nesbitt's, and other flavored drinks. In 2014, the company announced that it accomplished its goal of reducing use of

polyethylene terephthalate Polyethylene terephthalate (or poly(ethylene terephthalate), PET, PETE, or the obsolete PETP or PET-P), is the most common thermoplastic polymer resin of the polyester family and is used in synthetic fibre, fibres for clothing, packaging, conta ...

(PET) in its

plastic bottle A plastic bottle is a bottle constructed from high-density or low density plastic. Plastic bottles are typically used to store liquids such as water, soft drinks, motor oil, cooking oil, medicine, shampoo or milk. They range in sizes, from very ...

s. Dr Pepper Snapple lowered the amount of PET in its bottles by over 60 million pounds between 2007 and 2014. On November 22, 2016, Dr Pepper Snapple announced plans to make a cash purchase of Bai Brands for $1.7 billion. It had previously purchased a minority stake in the company for $15 million in 2015. On January 29, 2018, Keurig Green Mountain announced it was acquiring the Dr Pepper Snapple Group in an $18.7 billion deal. The combined company would be named

and would trade publicly on the

New York Stock Exchange The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock excha ...

. Shareholders of Dr Pepper Snapple Group would own 13% of the combined company, while Keurig shareholder and Cadbury current owner

Mondelez International Mondelēz International, Inc. ( ) is an American Multinational corporation, multinational confectionery, food industry, food, Holding company, holding, drink industry, beverage and snack food company based in Chicago. Mondelez has an annual rev ...

owning 13–14%, and JAB Holdings owning the remaining majority stake. The buyout and merger was closed on July 9, 2018. Larry Young, President and CEO of the Dr Pepper Snapple Group, retired those positions and joined the board of directors of Keurig Dr Pepper.

Products

Dr Pepper Snapple Group
Retrieved September 15, 2012. * 7 Up (United States only; 7 Up rights are held by

PepsiCo PepsiCo, Inc. is an American multinational corporation, multinational food, snack, and beverage corporation headquartered in Harrison, New York, in the hamlet of Purchase, New York, Purchase. PepsiCo's business encompasses all aspects of the f ...

or its licensees in all other markets) * A&W Root Beer * Aguafiel * Bai Brands * Big Red * Cactus Cooler * Canada Dry (North America) (UK Schweppes/The Coca-Cola Company) * Canfield's (Chicago Area) * Clamato *

Crush Crush may refer to: * Infatuation or limerence, the romantic attraction to another person * Puppy love, feelings of love, romance, or infatuation felt by young people Crush may also refer to: Film * Crush (1972 film), ''Crush'' (1972 film), a H ...

* Dejà Blue * Diet Rite * Dr Pepper (rights held by

The Coca-Cola Company The Coca-Cola Company is an American multinational corporation founded in 1892. It manufactures, sells and markets soft drinks including Coca-Cola, other non-alcoholic beverage concentrates and syrups, and alcoholic beverages. Its stock is lis ...

in most of Europe; by

in Poland, Australia, New Zealand, and Canada; and by

Spendrups Spendrups Bryggeri AB is a Swedish brewery known as Grängesbergs Bryggeri AB until 1983. The company includes the subsidiaries Spring Wine & Spirits, Gotlands Bryggeri and Hellefors Bryggeri. Spendrups Group has approximately 900 employees and s ...

in Sweden) * Hawaiian Punch * Hires * IBC Root Beer * Margaritaville * Mistic * Mott's * Mr & Mrs T * Nantucket Nectars * Nehi * Orangina (North America; brand owned by

Suntory (commonly referred to as simply Suntory) is a Japanese multinational corporation, multinational brewing and distilling company group. Established in 1899, it is one of the oldest companies in the distribution of alcoholic beverages in Japan, and ...

in the rest of the world) * Peñafiel * RC Cola * ReaLemon * ReaLime * Rose's *

Schweppes Schweppes ( , ) is a soft drink brand founded in the Republic of Geneva in 1783 by the German watchmaker and amateur scientist Johann Jacob Schweppe; it is now made, bottled, and distributed worldwide by multiple international conglomerates, de ...

* Snapple * Squirt *

Stewart's Fountain Classics Stewart's Fountain Classics is an American brand of premium soft drinks. History Stewart's are nostalgic "old fashioned" fountain sodas, having originated at the Stewart's Restaurants, a chain of root beer stands started in 1924 by Frank S ...

* Sun Drop * Sunkist (manufactured under license) * Tahitian Treat (Southeast U.S. beverage) * Venom Energy * Vernors *

Wink A wink is a facial expression made by briefly closing one eye. A wink is an informal mode of non-verbal communication usually signaling shared hidden knowledge or intent. However, it is ambiguous by itself and highly dependent upon additional c ...

* Yoo-hoo

References

External links

Dr Pepper Snapple Group
{{Authority control Keurig Dr Pepper Companies formerly listed on the New York Stock Exchange Food and drink companies established in 2008 American companies established in 2008 Drink companies of the United States Companies based in Plano, Texas Corporate spin-offs Food and drink companies based in Texas 2018 mergers and acquisitions