Keurig Dr Pepper is on the verge of making a major move in the coffee industry as they finalize an $18 billion deal to acquire JDE Peet's, one of the world's largest coffee companies. This acquisition marks a significant step for Keurig Dr Pepper in expanding its presence in the global coffee market.

The acquisition of JDE Peet's, which includes popular brands such as Peet's Coffee, Jacobs, and L'OR, will provide Keurig Dr Pepper with a strong foothold in Europe, where JDE Peet's has a significant market share. This deal is expected to enhance Keurig Dr Pepper's coffee portfolio and strengthen its position as a leading player in the coffee industry.

With consumers increasingly turning to at-home coffee brewing solutions, the acquisition of JDE Peet's will allow Keurig Dr Pepper to capitalize on this growing trend. The $18 billion deal is expected to be finalized soon, with both companies poised for a successful future together. Stay tuned for more updates on this exciting development in the coffee industry.