Keurig Dr Pepper Acquires Strategic Assets From Kalil Bottling Company; KDP's Company-Owned Direct-Store-Delivery Operations Will Gain New Bottling And Distribution Rights In Arizona; Terms Of The Agreement Have Not Been Disclosed.
Portfolio Pulse from Benzinga Newsdesk
Keurig Dr Pepper (KDP) has announced the acquisition of production, sales, and distribution assets from Kalil Bottling Company. This acquisition will enhance KDP's direct-store-delivery operations in Arizona, providing new bottling and distribution rights for key brands such as Canada Dry, 7UP, A&W, Snapple, and Core Hydration. The terms of the agreement have not been disclosed.
May 31, 2024 | 8:01 pm
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Keurig Dr Pepper's acquisition of Kalil Bottling Company's assets will expand its direct-store-delivery operations in Arizona, enhancing its market presence and potentially increasing revenue from key brands.
The acquisition will allow KDP to directly manage the production, sales, and distribution of its brands in Arizona, potentially increasing efficiency and market penetration. This strategic move is likely to positively impact KDP's revenue and market share in the region.
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