Why KDP’s CEO decided to forge a coffee colossus with the $18 billion acquisition of Peet’s—then spin it off and separate the soda business

  • Posted on August 26, 2025
  • By Bing News
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Why KDP’s CEO decided to forge a coffee colossus with the $18 billion acquisition of Peet’s—then spin it off and separate the soda business

Despite investors' initial harsh reaction, Tim Cofer's big strategic shift makes sense for KDP.
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