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Keurig Dr Pepper Acquires Indirect Equity Interests in Chobani for $800 Million

PUBLIC · KDPSep 01, 2026

Acquiring Company

Keurig Dr Pepper

Acquired Company

Chobani

BurlingtonNew BerlinFood and BeverageFood And BeverageHospitalityFood ProcessingManufacturingFood And Beverage

Description

On August 28, 2026, Mott’s LLP, a subsidiary of Keurig Dr Pepper Inc., entered into definitive agreements with Chobani. The transaction involves redeeming all indirect equity interests in Chobani for $800 million and includes selling leasehold interests in facilities located in Pennsylvania. These agreements are part of Keurig Dr Pepper's strategic expansion in the beverage market.

Company Information

Company

Keurig Dr Pepper

Location

Burlington, Massachusetts, United States

About

Keurig Dr Pepper (KDP) is a leading beverage company in North America, with annual revenue of more than $14 billion and approximately 28,000 employees. KDP holds leadership positions in liquid refreshment beverages, including soft drinks, specialty coffee and tea, water, juice and juice drinks and mixers, and markets the #1 single serve coffee brewing system in the U.S. and Canada. The Company's portfolio of more than 125 owned, licensed and partner brands is designed to satisfy virtually any consumer need, any time, and includes Keurig®, Dr Pepper®, Canada Dry®, Clamato®, CORE®, Green Mountain Coffee Roasters®, Mott's®, Snapple®, and The Original Donut Shop®. Through its powerful sales and distribution network, KDP can deliver its portfolio of hot and cold beverages to nearly every point of purchase for consumers. The Company's Drink Well. Do Good. corporate responsibility platform is focused on the greatest opportunities for impact in the environment, its supply chain, the health and well-being of consumers and with its people and communities. For more information, visit www.keurigdrpepper.com.

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Frequently asked

Who acquired Chobani?

Chobani was acquired by Keurig Dr Pepper, based in Burlington. The deal was reported on September 1, 2026. Keurig Dr Pepper (KDP) is a leading beverage company in North America, with annual revenue of more than $14 billion and approximately 28,000 employees. Keurig Dr Pepper is publicly traded (KDP) and operates in Food and Beverage.

When did Keurig Dr Pepper acquire Chobani?

Keurig Dr Pepper's acquisition of Chobani was reported on September 1, 2026. On August 28, 2026, Mott’s LLP, a subsidiary of Keurig Dr Pepper Inc., entered into definitive agreements with Chobani. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Chobani do?

Chobani is a food maker with a mission of making high-quality and nutritious food accessible to more people, while elevating our communities and making the world a healthier place. In short: making good food for all. It is privately held, operating in Manufacturing, and is based in New Berlin.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.