Dr Pepper Snapple Group
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Dr Pepper Snapple Group
Dr Pepper Snapple Group was an American multinational soft drink company based in Plano, Texas. Since July 2018, it is a business unit of the publicly-traded conglomerate Keurig Dr Pepper. Formerly Cadbury Schweppes Americas Beverages, part of Cadbury Schweppes, on May 5, 2008, it was spun off from Cadbury Schweppes as Dr Pepper Snapple Group, with the remainder of Cadbury Schweppes becoming Cadbury, a confectionery group. Trading of Dr Pepper Snapple Group's shares commenced on May 7, 2008, on the NYSE as "DPS." On July 9, 2018, Keurig Green Mountain acquired Dr Pepper Snapple Group, and became Keurig Dr Pepper; the following day, the merged company began trading anew on the NYSE as "KDP." History Cadbury Schweppes purchased Dr Pepper/Seven Up in 1995. Beverage America and Select Beverages bottlers were purchased from the Carlyle Group in February 1998. Snapple, Mistic, and Stewart's (formerly Cable Car Beverage) were sold by Triarc Companies, Inc. to Cadbury Schweppes in ...
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Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ...
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Mott's
Mott's ( ) is an American company involved primarily in producing apple-based products, particularly juices and apple sauce, sauces. The company was founded in 1842 by Samuel R. Mott of Madison, New York, Bouckville, New York (state), New York, who made apple cider and vinegar. In 1914, the company merged with the W. B. Duffy Cider Company to become Duffy-Mott. In early 2006 all of Mott's beverage brands were folded into Cadbury Schweppes Americas Beverages. In 2008 Mott's was demerged from Cadbury Schweppes plc, to operate as a separate unit of Keurig Dr Pepper. History The Mott's company was founded in 1842 by Samuel R. Mott of Madison, New York, Bouckville, New York (state), New York, who made apple cider and vinegar. Mott products were exhibited at Philadelphia, Pennsylvania, Philadelphia's Centennial Exposition in 1876 and Chicago, Illinois, Chicago's World's Columbian Exposition in 1893. After the death of one of his sons, Samuel retired from the apple business altoge ...
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Keurig Green Mountain
Keurig Dr Pepper Inc. ( ), formerly Green Mountain Coffee Roasters (1979–2014) and Keurig Green Mountain (2014–2018), is a publicly traded American beverage and coffeemaker conglomerate with headquarters in Burlington, Massachusetts, and Frisco, Texas. Formed in July 2018, with the merger of Keurig Green Mountain and Dr Pepper Snapple Group (formerly Dr. Pepper/7up Inc.), Keurig Dr Pepper offers over 125 hot and cold beverages. The company's Canadian business unit subsidiary operates as Keurig Dr Pepper Canada (formerly Canada Dry Motts). Through its Keurig division in Massachusetts, the company manufactures brewing systems; sources, produces, and sells coffee, hot cocoa, teas, and other beverages under various brands for its Keurig machines; and sells coffee beans and ground coffee in bags and fractional packs. As of 2018, the newly merged conglomerate also sells sodas, juices, and other soft drinks via its Dr Pepper Snapple division based in Texas. Green Mountain Coff ...
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