Hello, I'm an expert in the field of corporate acquisitions and mergers. Let's dive into the ownership of Snapple and Dr Pepper.
Snapple was originally a brand of iced tea and juice, which was later sold to various companies over the years. In 1994, Quaker Oats acquired Snapple. Then, in 2000,
Quaker Oats merged with
PepsiCo, which meant that Snapple became a part of the PepsiCo portfolio. However, in 2007, PepsiCo sold the Snapple brand to
Dr Pepper Snapple Group (DPSG).
Dr Pepper, on the other hand, has a different history. It's a soft drink brand that has been around since the late 1800s. The brand has been owned by
Dr Pepper Snapple Group (DPSG) for a long time. In 2018,
Keurig Green Mountain (now known as
Keurig Dr Pepper) announced a deal to acquire DPSG, combining the companies and creating a new entity that owns both Dr Pepper and Snapple brands.
So, as of my last update,
Keurig Dr Pepper is the company that owns both Snapple and Dr Pepper brands.
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