Keurig Dr Pepper, La Colombe announce strategic partnership
Transition of La Colombe RTD coffee distribution to KDP to begin in late 2023
Keurig Dr Pepper Inc. (KDP), Burlington, Mass., and Frisco, Texas, and La Colombe, Philadelphia, announced a strategic partnership, including a long-term sales and distribution agreement for La Colombe ready-to-drink (RTD) coffee and a long-term licensing, manufacturing and distribution agreement for La Colombe branded K-Cup coffee pods. Keurig Dr Pepper also will make an equity investment in La Colombe, enabling KDP to participate in the value creation upside expected from the partnership.
La Colombe is an independent, high-growth, super premium coffee company that serves consumers across multiple channels, including the retail trade, branded cafes, foodservice and direct to consumer. The brand is a vertically integrated ready-to-drink coffee company, owning the entire coffee journey from conscious bean sourcing and premium roasting to the creation of exceptional product experiences for loyal customers.