Coffee Service
Keurig Dr Pepper signs licensing, manufacturing, distribution pact for La Colombe K-Cups
July 21, 2023
Keurig Dr Pepper Inc. has signed a licensing, manufacturing and distribution agreement with La Colombe for La Colombe branded K-Cup coffee pods, according to a press release. Keurig Dr Pepper will also make an equity investment in La Colombe.
La Colombe serves consumers across multiple channels, including the retail trade, branded cafes, foodservice and direct to consumer.
Under the distribution agreement, KDP will sell and distribute shelf stable La Colombe RTD coffee beverages in KDP's direct store distribution network. In addition, KDP will manufacture, sell and distribute La Colombe branded K-Cup coffee pods in the U.S. and Canada.
KDP will make a cash investment in La Colombe of $300 million in exchange for a 33% ownership stake in the company, making KDP the second largest investor in La Colombe behind its majority owner and chairman, Hamdi Ulukaya.
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