Keurig Dr Pepper Invests $300M In Coffee Roaster La Colombe - What's On The Cards?
Benzinga
JULY 20, 2023
Keurig Dr Pepper Inc (NASDAQ: KDP ) has signed a strategic partnership with La Colombe , an independent coffee roaster. estimated 2024 consolidated net sales, in exchange for a 33% ownership stake in the company. KDP will make a cash investment in La Colombe of $300 million , representing a multiple of about 3.0X
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