Keurig Dr Pepper Acquires Indirect Equity Interests in Chobani for $800 Million
Acquiring Company
Keurig Dr Pepper
Acquired Company
Chobani
BurlingtonNew BerlinFood and BeverageFood And BeverageHospitalityFood ProcessingManufacturingFood And BeverageDescription
On August 28, 2026, Mott’s LLP, a subsidiary of Keurig Dr Pepper Inc., entered into definitive agreements with Chobani. The transaction involves redeeming all indirect equity interests in Chobani for $800 million and includes selling leasehold interests in facilities located in Pennsylvania. These agreements are part of Keurig Dr Pepper's strategic expansion in the beverage market.
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Who acquired Chobani?
Chobani was acquired by Keurig Dr Pepper, based in Burlington. The deal was reported on September 1, 2026. Keurig Dr Pepper (KDP) is a leading beverage company in North America, with annual revenue of more than $14 billion and approximately 28,000 employees. Keurig Dr Pepper is publicly traded (KDP) and operates in Food and Beverage.
When did Keurig Dr Pepper acquire Chobani?
Keurig Dr Pepper's acquisition of Chobani was reported on September 1, 2026. On August 28, 2026, Mott’s LLP, a subsidiary of Keurig Dr Pepper Inc., entered into definitive agreements with Chobani. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Chobani do?
Chobani is a food maker with a mission of making high-quality and nutritious food accessible to more people, while elevating our communities and making the world a healthier place. In short: making good food for all. It is privately held, operating in Manufacturing, and is based in New Berlin.
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