Keurig Dr Pepper sells Allentown, Pennsylvania facility to Chobani for about $125 million
KDP•Transition agreement and closing timing
A co-manufacturing agreement keeps certain KDP products made at Allentown for a defined transition period.
KDP expects the transactions to close in Q3 2026, subject to customary closing conditions.
Keurig Dr Pepper agrees to sell Allentown facility
Keurig Dr Pepper agreed to sell its Allentown, Pennsylvania manufacturing facility and warehouse to Chobani for about $125 million.
Chobani plans to offer jobs to the site’s manufacturing and warehouse staff; delivery, customer service, and other corporate roles stay with KDP.
