# Who does Keurig Dr Pepper Inc. pay? Who are its key suppliers?
Canonical: https://valuechain.wiki/keurig-dr-pepper · Facet: suppliers · Updated: 2026-09-12T00:00:30.769493+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Keurig Dr Pepper Inc.'s confirmed suppliers/cost counterparties include McDonald's Corporation plus 1 undisclosed/aggregate relationship. Per the valuechain.wiki graph: 2 cost edges, backed by 3 dated sources, 2 of them primary filings (as of 2026-09-12).

### JDE Peet's (high)
- metric: Amount $17.4B · Acquisition completed through 2026-04-15 · Aggregate cash paid for tendered shares representing 97.75% of JDE Peet's issued shares
- note: KDP acquired substantially all of JDE Peet's through a tender offer and combined it with the existing Keurig business to form a global coffee operation. The metric uses cash paid in the latest quarterly filing, which also states that KDP intends to acquire the remaining shares.
- [confirms] SEC EDGAR (EN, filing, published 2026-08-10) https://www.sec.gov/Archives/edgar/data/1418135/000141813526000051/kdp-20260630.htm: "aggregate cash paid for tendered shares was approximately €15.1 billion, or $17.4 billion"
- [mentions] S&P Global Ratings (EN, research, published 2026-03-10) https://www.spglobal.com/ratings/en/regulatory/article/-/view/type/HTML/id/3528533: "approximately $23 billion acquisition of JDE Peet's N.V."
- [mentions] Edaily (KO, news, published 2025-08-27) https://www.edaily.co.kr/News/Read?mediaCodeNo=257&newsId=01144726642271584: "HSBC downgraded KDP, citing the acquisition price, near-term liquidity burden, and possible coffee-margin dilution."

### McDonald's (high)  → /mcdonalds.md
- note: KDP holds the long-term master license for McCafé packaged coffee and manages U.S. sourcing, manufacturing, distribution, and marketing. KDP's 10-K says this class of trade-name license may include royalties or upfront payments, but it does not disclose the amount paid to McDonald's.
- [confirms] SEC EDGAR (EN, filing, published 2026-02-24) https://www.sec.gov/Archives/edgar/data/1418135/000141813526000016/kdp-20251231.htm: "may include royalty payments"
- [confirms] Keurig Dr Pepper (EN, ir, published 2019-09-26) https://www.keurigdrpepper.com/mcdonalds-usa-enters-agreement-with-keurig-dr-pepper-for-mccafe-packaged-coffee/: "long-term master licensing and distribution agreement"

### Sunkist Growers (high)
- note: KDP licenses the Sunkist Growers trademark to manufacture and sell Sunkist carbonated soft drinks in the U.S. KDP says this type of trademark license generally includes a royalty payment, but no counterparty-specific amount is disclosed.
- [confirms] SEC EDGAR (EN, filing, published 2026-02-24) https://www.sec.gov/Archives/edgar/data/1418135/000141813526000016/kdp-20251231.htm: "generally include a royalty payment"
- [confirms] U.S. Patent and Trademark Office, Trademark Trial and Appeal Board (EN, filing, published 2022-05-06) https://ttabvue.uspto.gov/ttabvue/ttabvue-91254647-OPP-31.pdf: "Keurig Dr. Pepper licenses use of the SUNKIST mark"

Reverse side: https://valuechain.wiki/keurig-dr-pepper/customers.md · Ripple: https://valuechain.wiki/keurig-dr-pepper/ripple.md

---
Full node: https://valuechain.wiki/keurig-dr-pepper.md · JSON: https://valuechain.wiki/keurig-dr-pepper.json