JDE Peet’s has provided an interim strategic and operational project update in the third quarter of 2025.
Key to the update is news on its ongoing acquisition by Keurig Dr Pepper, with JDE reporting the closing of the transaction is still expected to occur in H1 2026, subject the satisfaction or waiver of customary pre-offer conditions and closing conditions.
The regulatory anti-trust filing has also been submitted in the United States (US), with the brand reporting it has received positive advice from JDE Peet’s Dutch Work Council.
JDE has also reported the full integration of its US capsules business into Peet’s, following the discontinuation of the L’Or Barista rollout in the region, and two further plants – one in Brazil’s north-east and one in the US north-east – will be closed as part of its “manufacturing footprint optimisation program”.
Overall Q3 performance is broadly in line with company expectations, with JDE stating it is on track to achieve its 2025 outlook.
The brand’s share buyback program was terminated on September 1.
