BURLINGTON, Mass. and FRISCO,
Texas, Aug. 19,
2022 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ:
KDP) today issued the following statement.
"As we have shared previously, our top capital allocation
priority is growing our business through M&A and
brand/distribution partnerships. Therefore, we are active in
evaluating many opportunities that arise, including in the energy
space; however, we are not pursuing a partnership with Vita
Pharmaceuticals for the Bang brand. We have a strong
nationwide omni-channel selling and distribution system, including
our company-owned DSD network, and a long track record of
leveraging this important asset to drive strong in-market execution
and market share growth for our brands and those of our strategic
partners."
About Keurig Dr Pepper
Keurig Dr Pepper (KDP) is a leading beverage company in North
America, with annual revenue approaching $13 billion and
approximately 27,000 employees. KDP holds leadership positions in
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®, Green Mountain Coffee Roasters®, Canada Dry®, Snapple®,
Bai®, Mott's®, CORE® 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 is committed to sourcing,
producing and distributing its beverages responsibly through its
Drink Well. Do Good. corporate responsibility platform, including
efforts around circular packaging, efficient natural resource use
and supply chain sustainability. For more information,
visit www.keurigdrpepper.com.
Investor Contacts:
Steve Alexander
T: 972-673-6769 / steve.alexander@kdrp.com
Chethan Mallela
chethan.mallela@kdrp.com
Media Contact:
Vicki Draughn
T: 469-438-2781 / vicki.draughn@kdrp.com
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SOURCE Keurig Dr Pepper Inc.
