Keurig Dr.Pepper (KDP) (formerly Keurig Green Mountain, Inc. / Green Mountain Coffee Roasters, Inc.)


Company Description.

Keurig Dr Pepper, formerly Keurig Green Mountain (2014?2018) and originally Green Mountain Coffee Roasters (1981?2014), is a publicly traded American beverage and beverage-maker conglomerate with dual headquarters in Burlington, Massachusetts and Plano, Texas.[5] Its east-coast division sells coffee and other beverages, and Keurig brewers. As of July 2018, the newly merged conglomerate also sells sodas, juices, and other soft drinks via its Dr Pepper Snapple division based in Texas. In its east-coast division, originally founded in 1981, the company sources, produces, and sells coffee, hot cocoa, teas, and other beverages under various brands in portion packs for its Keurig brewing systems; and sells coffee beans and ground coffee in bags and fractional packs. It sells many of these beverage varieties in Keurig K-Cup single-serve pods, and as of 2017 offers Vue, K-Carafe, and K-Mug pods as well. Through its own and its partnership licensed brands, the east-coast division offers over 400 different varieties of coffee and other beverage selections. These include coffees that are certified organic, Fair Trade Certified, specialty blends, and flavored coffees and beverages. Begun as a small specialty coffee roaster and store in Vermont in 1981, after regional and national expansion in the late 1980s and an IPO in 1993, Green Mountain Coffee Roasters completed its acquisition of the brewing-machine manufacturer Keurig, Inc. in 2006, enabling rapid growth through the high-margin sales of its many varieties of single-serve K-Cup pods for home and office use. GMCR changed its name to Keurig Green Mountain in March 2014. Its Canadian business unit subsidiary operates as Keurig Canada Inc. A publicly traded company from 1993 through 2015, Keurig Green Mountain was acquired by a group of investors led by JAB Holding Company in March 2016 for $13.9 billion in cash.Keurig Green Mountain became a privately held company, and was an independent entity run by its pre-existing management team and a new CEO. On July 9, 2018, Keurig Green Mountain acquired the Dr Pepper Snapple Group in an $18.7 billion deal.[12] The combined company was renamed Keurig Dr Pepper, and began trading publicly again on the New York Stock Exchange under the ticker "KDP". Shareholders of Dr Pepper Snapple Group own 13% of the combined company, with Keurig shareholder Mondelez International owning 13% to 14%, and JAB Holdings owning the remaining, majority, stake (Wikipedia) Green Mountain Coffee Roasters, Inc. is a recognized leader in the field of specialty coffee and the emerging practice of corporate social and environmental responsibility. It operates in specialty coffee industry in the United States and internationally. In 2006, Business Ethics magazine ranked Green Mountain Coffee Roasters #1 on its list of "100 Best Corporate Citizens" and CEO Robert Stiller has been named Forbes magazine's "Entrepreneur of the Year." was founded in 1981 and is headquartered in Waterbury, Vermont. (Sources: Keurig Dr Pepper; Green Mountain Coffee Roasters; Forbes; LinkedIn; Wikipedia; ZoomInfo; ResNet contributor Rick Rodgers)

ResNet experience.

Green Mountain Coffee Roasters, a division of Keurig Dr Pepper - Green Mountain Coffee Roasters (GMCR) and The Green Mountain Coffee Roasters Foundation supported the renovation and restoration of an important community landmark-a historic railroad station in downtown Waterbury, Vermont where GMCR is headquartered. Their vision: to create a visitor center where the public, the local community, GMCR business partners, and others could learn about the GMCR story, global coffee communities, and enjoy a great cup of coffee. Green Mountain Coffee Roasters retained The Resource Network to bring this complex and strategically important project to life. See also our case study of Green Mountain Coffee Roasters' Visitors Center.

ResNet Case Study.

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