What is the total value and composition of Keurig Dr Pepper's divestiture of its Chobani stake and related assets?

Keurig Dr Pepper will sell its entire equity stake in Chobani for $800 million and a manufacturing facility and warehouse in Allentown, Pennsylvania, for $125 million, resulting in a total transaction value of $925 million.

Why is Keurig Dr Pepper selling its Chobani stake, and how does this fit into its broader strategic moves?

Keurig Dr Pepper is selling its Chobani stake as part of reshaping its business following its $18 billion acquisition of JDE Peet's in April, and it is also preparing to separate its coffee and beverage operations into two publicly traded U.S. companies.

Keurig Dr Pepper to Sell Back Chobani Stake for $925 Million

Sep 1, 2026

Keurig Dr Pepper will sell its Chobani equity stake and a Pennsylvania facility for $925 million to reshape its portfolio post-JDE Peet's acquisition, while Chobani plans $1.2B investment in milk production.

reuters

2026-07-27

Chobani Fails to End Dannon Parent Danone's Cold-Brew Coffee Lawsuit

2026-07-28

Chobani must face lawsuit over zero-sugar yogurt claim, US appeals court rules

2026-09-01

Keurig Dr Pepper to Sell Back Chobani Stake for $925 Million

Keurig Dr Pepper to Sell Back Chobani Stake for $925 Million

FAQ