Starboard has taken a position in Keurig Dr Pepper and has held meetings with the company's management.
A more than 30% year-on-year in retail prices for coffee is staggering — and consumers are not likely to see relief anytime soon, even as a merger between two beverage giants looks to create an entity that can better manage rising costs.
In premarket trading early on Monday, Keurig's shares are down 3.91% to $33.76. JDE Peet's Amsterdam-listed shares surged to $36.40 after the announcement, rising 17.33% from Friday's close.
| Food Products Industry | Consumer Staples Sector | Mr. Rafael de Oliveira CEO | OTC PINK Exchange | NL0014332678 ISIN |
| NL Country | 20,820 Employees | 20 Jan 2026 Last Dividend | - Last Split | - IPO Date |
JDE Peet's N.V., together with its subsidiaries, provides a wide range of coffee and tea products around the globe. Its operations are segmented into LARMEA, APAC, Europe, and Peet's, reflecting its geographical reach and diversified portfolio. Founded in 1753, the company has established a rich heritage in the beverage industry, cementing its place with a strong base in Amsterdam, the Netherlands. JDE Peet's serves a vast clientele, offering its premium products to various businesses including offices, hotels, bars, restaurants, and coffee stores, showcasing its ability to cater to diverse consumer needs and preferences.