Dr Pepper Snapple Group
Soft drink company / From Wikipedia, the free encyclopedia
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Dr Pepper Snapple Group was an American multinational soft drink company based in Plano, Texas. Since July 2018, it is a business unit of the publicly-traded conglomerate Keurig Dr Pepper.
Company type | Subsidiary |
---|---|
Industry | Beverage |
Predecessor | Dr Pepper/Seven Up |
Founded | October 7, 2008; 15 years ago (2008-10-07) |
Defunct | July 9, 2018; 5 years ago (2018-07-09) |
Fate | Acquired by Keurig Dr Pepper |
Successor | Keurig Dr Pepper |
Headquarters | Plano, Texas, U.S. |
Area served | Worldwide |
Key people | Robert Gamgort (CEO of Keurig Dr Pepper) |
Products | Dr Pepper Snapple RC Cola A&W 7 Up Schweppes Sunkist Canada Dry Big Red Mott's Vernors Hawaiian Punch Nehi Squirt Other beverages |
Revenue | 14,057,000,000 United States dollar (2022) |
2,605,000,000 United States dollar (2022) | |
1,436,000,000 United States dollar (2022) | |
Number of employees | 21,000[1] (2017) |
Parent | Keurig Dr Pepper |
Subsidiaries | The American Bottling Company Bai Brands Big Red, Inc Canada Dry Motts Grupo Peñafiel[2] |
Formerly Cadbury Schweppes Americas Beverages, part of Cadbury Schweppes, on May 5, 2008, it was spun off from Cadbury Schweppes as Dr Pepper Snapple Group, with the remainder of Cadbury Schweppes becoming Cadbury, a confectionery group. Trading of Dr Pepper Snapple Group's shares commenced on May 7, 2008, on the NYSE as "DPS."[3][4]
On July 9, 2018, Keurig Green Mountain acquired Dr Pepper Snapple Group, and became Keurig Dr Pepper; the following day, the merged company began trading anew on the NYSE as "KDP."[5][6][7]