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Keurig Dr Pepper and Nestle partner on Starbucks K-Cup pods

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February 28, 2020

Keurig Dr Pepper, Inc. has partnered with Nestlé USA to manufacture and distribute Starbucks branded packaged coffee in K-Cup pods in the U.S. and Canada, according to a press release. The agreement with Nestlé, which acquired the rights in August 2018 to market and distribute Starbucks CPG and foodservice products globally outside of Starbucks coffee shops, will replace the existing K-Cup pod agreement between KDP and Starbucks Corp. following a transition period. Financial terms of the agreement were not disclosed.

"We are excited to enter into an agreement directly with KDP that enables us to continue the strategic partnership and accelerate growth of the Starbucks brand on the Keurig K-Cup platform," Tony Matta, president of Nestle Coffee Partners, said in the press release.