In a much-anticipated acquisition deal, Coke is paying Dr Pepper Snapple Group Inc $715 million for the right to sell Dr. Pepper and other soft drinks once Coke acquires its biggest North American bottler. Pepper in its new Freestyle soda fountains, which offer customers over 100 drink flavor combinations. Dr.Jun 7, 2010
Why is Dr Pepper sold with Coke and Pepsi?
That all changed in 1963. A federal court ruled that Dr Pepper's unique flavor kept it from being a “cola product,” which meant that bottlers were free to distribute Dr Pepper without running afoul of their exclusive deals with Coca-Cola and Pepsi. By the end of the decade, Dr Pepper was available from coast to coast.Nov 1, 2017
Who is the current owner of Dr Pepper?
Currently, the majority of Pepsi and Coke bottlers bottling Dr Pepper are owned by PepsiCo and The Coca-Cola Company after their buyouts of their major bottlers. Presently, Dr Pepper Snapple relies on its own bottling group to bottle and distribute its products in more than 30 states.
Is Dr Pepper privately owned?
Type Subsidiary
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Key people Robert Gamgort (CEO of Keurig Dr Pepper)
Who owns Dr Pepper and 7up?
Dr Pepper Snapple Group
Was Dr Pepper ever owned by Coke?
In a much-anticipated acquisition deal, Coke is paying Dr Pepper Snapple Group Inc $715 million for the right to sell Dr. Pepper and other soft drinks once Coke acquires its biggest North American bottler. Dr. Pepper was invented in 1885 by Charles Aderton in Waco, Texas, a year before Dr.Jun 7, 2010