Keurig Dr Pepper Enhances Partnership with Chobani Through Strategic Investment and Facility Sale.

Sep 01, 2026

Contract Type

partnership

BurlingtonFood and BeverageFood And BeverageHospitalityFood Processing

Description

Keurig Dr Pepper has announced a strategic partnership with Chobani involving a series of transactions that strengthens their relationship. The company will sell its full equity stake in Chobani for $800 million and a manufacturing facility in Pennsylvania for approximately $125 million while continuing its commercial relationship by distributing Chobani's beverage products.

Company Information

Company

Keurig Dr Pepper

Location

Burlington, Massachusetts, United States

About

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. KDP holds leadership positions in liquid refreshment beverages, including soft drinks, specialty coffee and tea, water, juice and juice drinks and mixers, and markets the #1 single serve coffee brewing system in the U.S. and Canada. The Company's portfolio of more than 125 owned, licensed and partner brands is designed to satisfy virtually any consumer need, any time, and includes Keurig®, Dr Pepper®, Canada Dry®, Clamato®, CORE®, Green Mountain Coffee Roasters®, Mott's®, Snapple®, and The Original Donut Shop®. Through its powerful sales and distribution network, KDP can deliver its portfolio of hot and cold beverages to nearly every point of purchase for consumers. The Company's Drink Well. Do Good. corporate responsibility platform is focused on the greatest opportunities for impact in the environment, its supply chain, the health and well-being of consumers and with its people and communities. For more information, visit www.keurigdrpepper.com.