JDE Peet’s has set a 16 October deadline for its remaining shareholders to voluntarily transfer their shares to Keurig Dr Pepper, moving KDP closer to full ownership of the global coffee business.
The company confirmed the next stage of the takeover process on 5 October following a ruling by the Enterprise Chamber of the Court of Appeal in Amsterdam.
The court ruled on 29 September that remaining JDE Peet’s shareholders must transfer their shares to KDP. It also determined that €31.85 per share was a fair price.
Shareholders who voluntarily transfer their shares before 15:00 CET on 16 October will receive €31.85 per share, plus statutory interest calculated from 1 April 2026.
Payment is scheduled for 19 October 2026.
The latest process means:
- Remaining shareholders can transfer shares voluntarily until 16 October.
- KDP will pay €31.85 per share.
- Statutory interest will be added from 1 April.
- Voluntary transfers will be paid on 19 October.
- Shares not transferred voluntarily will ultimately move to KDP through the Dutch statutory process.
The development follows KDP’s acquisition of JDE Peet’s, one of the largest transactions in the global coffee industry.
Grocery Trade News previously reported on Keurig Dr Pepper’s move to acquire JDE Peet’s through its €31.85-per-share offer.
The deal has significantly expanded KDP’s international coffee business.
JDE Peet’s operates across more than 100 markets and owns major coffee brands including Peet’s, L’OR and Jacobs.
Its position in the European FMCG sector has also placed it among the leading FMCG companies in the Netherlands.
KDP, meanwhile, has a large portfolio across coffee and refreshment beverages.
Completing the remaining share transfers will consolidate JDE Peet’s fully within the KDP Group as the beverage company prepares for the next stage of its corporate structure.
For shareholders who do not transfer their shares voluntarily, KDP will place the required payment with the Dutch consignment office.
Ownership of those remaining shares will then transfer to KDP by operation of Dutch law.
The process brings one of the largest recent consolidations in global coffee closer to completion.
Editor’s note: Grocery Trade News reviewed JDE Peet’s 5 October company announcement alongside previous GTN coverage of the KDP acquisition and JDE Peet’s position in the European FMCG market.
