Peet’s Coffee is currently owned by Keurig Dr Pepper , through its coffee business created after the takeover of Peet’s parent company, JDE Peet’s, in a deal valued at about $18 billion.

Who owns Peet’s Coffee now?

  • Peet’s Coffee used to be owned by JDE Peet’s, a Dutch-based coffee company that controlled the Peet’s brand along with others like Jacobs and L’OR.
  • In 2025, Keurig Dr Pepper announced an all-cash acquisition of JDE Peet’s, putting Peet’s Coffee under the Keurig Dr Pepper corporate umbrella.
  • After the deal, the combined coffee operations (including Peet’s) are being organized into a dedicated coffee-focused company often referred to as Global Coffee Co. , but ownership ultimately traces back to Keurig Dr Pepper as the buyer of JDE Peet’s.

Quick Scoop: What’s changing?

  • The transaction is large (around $18 billion), signaling that Peet’s is now part of a much bigger global coffee portfolio alongside Keurig-branded products and other international coffee labels.
  • As this corporate reshuffle plays out, Peet’s has also been closing a number of California locations, which has drawn attention to how the new ownership may reshape its retail presence.

In simple terms: if you’re wondering “who owns Peet’s Coffee?” today, the answer is that it sits within the coffee business controlled by Keurig Dr Pepper , following their acquisition of JDE Peet’s.

Information gathered from public forums or data available on the internet and portrayed here.