Dr Pepper Snapple Group

Dr Pepper Snapple Group Inc.

Type	Public (NYSE: DPS)
Founded	2008
Headquarters	Plano, Texas
Industry	Non-alcoholic beverages
Products	Dr Pepper,Snapple,other beverages
Website	www.drpeppersnapplegroup.com

Dr Pepper Snapple Group Inc. (formerly Cadbury Schweppes Americas Beverages) is an American soft beverages drink company, which was spun off from Britain's Cadbury Schweppes, on May 5, 2008, with trading in its shares starting on May 7, 2008. Cadbury Schweppes plc became Cadbury plc on May 5, 2008.^[1]

History

Beverage America and Select Beverages, bottlers were purchased from the Carlyle Group in February 1998.^[2] Snapple, Mistic and Stewart's (formerly Cable Car Beverage) was sold by Triarc Companies, Inc. to Cadbury Schweppes in 2000 for $1.35 billion^[3] In October of that same year, Cadbury Schweppes purchased Royal Crown from Triarc.^[4]

In 2006 and 2007, Cadbury Schweppes purchased the Dr Pepper/Seven Up Bottling Group (DPSUBG), 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 to drop their products. Some of the Dr Pepper/Seven Up brands are still licensed to Pepsi, Coke and independent bottlers in various regions of the United States.

Cadbury Schweppes announced it would take the beverages unit public in November 8, 2008. In May 2008, Cadbury Schweppes demerged, with 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 DrPepper 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.

References

External links

• Dr Pepper Snapple Group
• Grupo Peñafiel