In Plain English
Keurig Dr Pepper is splitting off Global Coffee Co. into its own separate, publicly-traded company. Shareholders typically receive shares in the new entity automatically. This was recently announced.
Global Coffee Co. will become a separate public company
Deal Progress
RUMORED
ANNOUNCED
PENDING
ACTIVE
COMPLETED
Parent Company
Keurig Dr Pepper
KDP
Consumer Staples
SpinCo / Target
Global Coffee Co.
Announced
Aug 25, 2025
Aug 25, 25
Expected
2026
Market Cap
Not disclosed
Deal Value
Not disclosed
Summary
Keurig Dr Pepper to spin off its global coffee business into a standalone company.
Deal Flow Timeline
Key milestones from announcement to expected completion
Deal Announced
2025-08-25
COMPLETEDForm 10 Filed
UPCOMINGIRS Tax Ruling
UPCOMINGShareholder Approval
UPCOMINGRecord Date
2026
UPCOMINGDistribution / Completion
2026
UPCOMINGDeal Announced
COMPLETEDInitial public announcement of the transaction.
2025-08-25
Form 10 Filed
UPCOMINGRegistration statement filed with the SEC for the new entity.
IRS Tax Ruling
UPCOMINGPrivate letter ruling confirming tax-free treatment.
Shareholder Approval
UPCOMINGBoard and/or shareholder vote to approve the separation.
Record Date
UPCOMINGRecord date for distribution of new shares.
Est: 2026
Distribution / Completion
UPCOMINGShares of the new entity distributed to shareholders.
Est: 2026