Type Public Predecessor Dr Pepper Seven Up Number of employees 19,000 | Industry Beverage Founded 7 May 2008 | |
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Traded as NYSE: DPS
S&P 500 Component Key people Larry Young (President and CEO)
Martin Ellen (CFO) Products Dr Pepper
Snapple
A&W
7 Up (U.S.)
Schweppes
Sunkist
Canada Dry
Big Red
Mott's
Hawaiian Punch
Other beverages Stock price DPS (NYSE) US$ 94.73 +0.72 (+0.77%)10 Mar, 4:00 PM GMT-5 - Disclaimer Headquarters Plano, Texas, United States CEO Larry D. Young (10 Oct 2007–) Subsidiaries Mott's, Bai Brands, Canada Dry Motts Profiles | ||
Delivery drivers at dr pepper snapple group
Dr Pepper Snapple Group Inc. is an American soft drink company, based in Plano, Texas. Formerly called Cadbury Schweppes Americas Beverages, on May 5, 2008, it was spun off from Britain's Cadbury Schweppes, with trading in its shares starting on May 7, 2008. Cadbury Schweppes plc went on to become Cadbury plc on May 5, 2008.
Contents
Merchandisers at dr pepper snapple group
History
Beverage America and Select Beverages bottlers were purchased from the Carlyle Group in February 1998. Snapple, Mistic and Stewart's (formerly Cable Car Beverage) were sold by Triarc Companies, Inc. to Cadbury Schweppes in 2000 for $1.45 billion. In October of that same year, Cadbury Schweppes purchased Royal Crown from Triarc.
In 2006 and 2007, Cadbury Schweppes purchased the Dr Pepper/Seven Up Bottling Group, along with several other regional bottlers. This allowed DPS to bottle many of its own beverages and combat the recent decision by many Pepsi and Coke bottlers who had dropped their Dr Pepper and Snapple products to promote new product additions from Pepsi and Coke. Some of the Dr Pepper/Seven Up brands are still licensed to Pepsi, Coke and independent bottlers in various regions of the United States and Canada.
In November 2007, Cadbury Schweppes announced it would take the beverages unit public. In May 2008, Cadbury Schweppes demerged its beverage holdings forming the Dr Pepper Snapple Group.
Dr Pepper Snapple Group holds naming rights to Dr Pepper Ballpark and the Dallas Stars' practice facility, the Dr Pepper Star Center, both of which are located in Frisco, Texas. It also retains non-alcoholic beverage rights to each facility's concessions as a result of the deals as well as sponsorships with the NHL franchise.
In 2008, Dr Pepper Snapple Group purchased minority interest in Big Red, Inc, makers of Big Red, NuGrape, Nesbitt's and other flavored drinks.
In 2014, the company announced that it accomplished its goal of reducing use of polyethylene terephthalate (PET) in its plastic bottles. Dr Pepper Snapple lowered the amount of PET in its bottles by over 60 million pounds between 2007 and 2014.
On November 22, 2016 it was announced that Dr Pepper/Seven Up Bottling Group had made a cash purchase of Bai Brands for the price of $1.7 billion. It had previously purchased a minority stake in the company for $15 million in 2015.
Products
See List of Dr Pepper Snapple brands
The following products are available: