Dr Pepper Snapple Group
|Traded as||NYSE: DPS
S&P 500 Component
|Founded||May 7, 2008|
|Headquarters||Plano, Texas, U.S.|
|Key people||Larry Young (President and CEO)
Rodger L. Collins (President of Bottling/Distribution)
Martin Ellen CFO)
7 Up (U.S.)
|Revenue||US$ 5.636 billion (2010)|
|Operating income||US$ 1.025 billion (2010)|
|Net income||US$ 528 million (2010)|
|Total assets||US$ 8.859 billion (2010)|
|Total equity||US$ 2.459 billion (2010)|
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 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 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.
The following products are available:
- 7 Up (United States, rights held by PepsiCo or its licensees in all other markets)
- A&W Root Beer
- Cactus Cooler
- Canada Dry (North America)
- Country Time (Under license from Kraft Foods)
- Deja Blue Water
- Diet Rite
- Dr Pepper
- Hawaiian Punch
- IBC Root Beer
- Mr and Mrs T
- Nantucket Nectars
- Orangina (North America; brand owned by Suntory in the rest of the world)
- RC Cola (North America)
- Rose's lime juice
- Stewart's Fountain Classics
- Sun Drop
- Sunkist (Manufactured under license)
- Tahitian Treat
- Venom Energy Drink
- Welch's (Under license from Welch's)
- "2010 Form 10-K, Dr Pepper Snapple Group Inc.". United States Securities and Exchange Commission.
- "Cadbury starts solo against bid background". Reuters. 2008-05-02. Retrieved 2008-05-03.
- Cadbury plc Demerger. Archived September 6, 2010.
- "Cadbury Announces Deal". Beverage Digest (February 23, 1998 (Special Edition)): 1. 2 1999. Retrieved 2008-07-17.
- Holson, Laura M. (2000-09-18). "Cadbury to Pay $1.45 Billion For Snapple". New York Times (New York Times). Retrieved 2008-06-18.
- "Royal Crown Cola Company". New Georgia Encyclopedia. 2006-09-15. Retrieved 2008-06-18.
- "Dr Pepper Snapple Group Takes Minority Stake in Big Red, Inc." (Press release). August 25, 2008. Retrieved September 15, 2012.
- Dr Pepper Snapple Group Retrieved September 15, 2012.