CORE Nutrition LLC: Keurig Dr Pepper acquires healthy drink brand for $525M

In another move to fortify its healthy drink options as soda consumption continues to decline, Keurig Dr Pepper acquired CORE Nutrition in a deal valued at $525 million, the companies announced Thursday. The newly formed company of Keurig Dr Pepper Inc. (NYSE: KDP) is no stranger to CORE Nutrition LLC, as the two brands have been partners since 2016 with Keurig Dr Pepper managing two-thirds of its U.S. distribution. "Our sales and distribution capabilities have helped fuel significant growth for...