Keurig Dr Pepper Inc.
KDP Subsidiary Closes Acquisition of Ghost Lifestyle
Summary
On December 31, 2024, The American Bottling Company, a wholly owned subsidiary of Keurig Dr Pepper Inc., completed the acquisition of 60% of the issued and outstanding equity interests of GHOST Lifestyle LLC and its subsidiaries, including Ghost Beverages, LLC. This acquisition was implemented through an Amended and Restated Merger Agreement and an Amended and Restated Contribution and Merger Agreement, which included minor changes to the original agreements.
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About Keurig Dr Pepper Inc.
Keurig Dr Pepper Inc. is a leading beverage company that operates in the non-alcoholic beverage industry. Formed from the merger of Keurig Green Mountain and Dr Pepper Snapple Group, this company combines a diverse portfolio of hot and cold beverages. Keurig Dr Pepper offers a wide range of products, including carbonated soft drinks, ready-to-drink teas, juice drinks, mixers, and single-serve coffee systems. Brands under its umbrella include household names like Dr Pepper, Snapple, 7UP, and Keurig. With a unique hybrid business model, the company has a strong presence in both the beverage and home coffee brewer markets. It serves a vast market across North America through various distribution channels including retailers, vending machines, and online platforms. Keurig Dr Pepper's innovative product offerings and robust distribution network make it a significant player in the consumer goods sector, influencing beverage consumption trends and taste preferences.
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