Backing and Financing
The deal already has strong backing from Acorn Holdings, an affiliate of JAB Holding, along with JDE directors and officers controlling nearly 69% of voting power.
Financing will come through a blend of new debt and cash. Advisers include:
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Lazard and Morgan Stanley & Co. for KDP, with financing secured through Morgan Stanley and Mitsubishi UFJ Financial Group.
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BofA Securities for JDE Peet’s.
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Sullivan & Cromwell LLP for Lazard, led by Stephen M. Kotran.
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Cleary Gottlieb Steen & Hamilton LLP handling KDP’s global antitrust work, with partners Leah Brannon and Alan Freedman.
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Paul Weiss partners James E. Langston and Chelsea N. Darnell guiding KDP.
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A&O Shearman partners Tim Stevens and Olivier Valk leading for JDE Peet’s, joined by a robust team of cross-border experts.
Closing Timeline
The companies anticipate closing the acquisition in the first half of 2026, subject to regulatory approvals. If completed, the deal will set the stage for one of the most influential coffee alliances the world has ever seen.
