Every Spin-Off
Global Coffee Co.
AnnouncedKeurig plus JDE Peet's (Jacobs, L'OR, Peet's), acquired in April 2026. KDP keeps the North American soft drinks business as Beverage Co.
- Status
- Announced
- Expected
- Early 2027
- Parent
- Keurig Dr Pepper (KDP)
- Spin-off ticker
- To be announced
- Market
- United States
Terms
Tax-free spin of Global Coffee Co., targeted for early 2027; timing depends on reaching target leverage at each company and on market conditions. Russ Torres becomes CEO of the coffee unit and future Global Coffee Co. on 3 Nov 2026; Tim Cofer will lead Beverage Co.; KDP chair Pamela Patsley will chair Global Coffee Co.
Key dates
- JDE Peet's acquisition closed
- Russ Torres starts as Global Coffee CEO
- Targeted separation
Source documents
- Press release8-K: leadership updates, separation targeted for early 2027 (23 Jun 2026)
- PresentationKDP / JDE Peet's acquisition and planned separation investor presentation (25 Aug 2025)
- Form 10 / prospectusNot yet public
- Filing8-K: JDE Peet's closing
Every Spin-Off research
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