The final holdout shareholders of JDE Peet's are being compelled to sell. Amsterdam's Enterprise Chamber has ruled that Keurig Dr Pepper's €31.85 per-share offer price is fair in the statutory squeeze-out of the coffee giant's remaining shares.
The September 29 ruling, issued in the squeeze-out proceeding brought by KDP subsidiary Kodiak BidCo, sets the fair price at the original public offer price, plus statutory interest from April 1, 2026.
Remaining shareholders have been urged to transfer their shares voluntarily through Euroclear Nederland by October 16, 2026, at 3:00 p.m. CET, with KDP set to pay on October 19. Shares not transferred voluntarily will be taken over by operation of law.
KDP already holds about 96% of JDE Peet's after a roughly €14.86 billion tender for the tendered shares, and plans to split the combined business into "Beverage Co." and "Global Coffee Co." by the end of 2026.
