Keurig Dr Pepper, Pete’s Coffee’s father with $ 18 billion, mainly integrates hot and cold drinks of 2018

The Monday’s agreement will be relaxed in the process of combining Keurig and Dr. Pepper for the year 2018, and it arrives at a time when consumers are declining and commercial wars aim to send coffee prices.

Trump imposed a 50 % tariff this summer on most imports from Brazil – the world’s leading coffee producer – to investigate its former boss, Gear BolsonaroTrump ally.

However, Keurig Dr Pepper sees both coffee and cold drinks as growth areas that will wander better by operating companies independently. CEO Tim Cover described it as a “transformative moment” for the sector.

“By creating two highly concentrated drinks with attractive and specially designed growth suggestions and capital customization strategies, we are ready to generate great value to shareholders in the near and long term,” Cofer writes in intended notes.

But large chains are like Starbucks They suffer. The sales of the same stores, a main measure of the health seller’s health, have decreased for six quarters of the giant Seattle, and its shares have receded 23 % since early March.

Dr. Bieber Corig compensates for a decrease with high prices. In the last quarter, the company announced a 0.2 % decrease in coffee sales.

The companies said that Keurig Dr Pepper, will soon include about $ 16 billion in joint sales and beverages with about $ 11 billion.

Companies expect to save about $ 400 million over three years due to the merger.

The company that Keurig Dr Peppper, which is Pete’s Jde Pete in Amsterdam, also has L’Or, Jacobs, Douwe EGBERTS, Kenco, Pilao, OldTown, Super and MacCona.

Once the two companies are separated, Cofer will become CEFEC CEO, which will be based in FRICO, Texas. Keurig Dr Pepper, Sudhanshu Priyadarshi, will lead coffee, which will be located in Burlington, Mass. Its international headquarters in Amsterdam.

Keurig Dr Pepper shares fell 9 % before the opening bell on Monday.