Keurig Dr Pepper Inc. announced an $18 billion all-cash deal to acquire Dutch-based JDE Peet’s NV on Monday, a major bet on coffee for the U.S. drinks giant, whose stock has been struggling for years.

After the takeover, the company will split into two businesses, one focusing on coffee and one on soft drinks.

Keurig Dr Pepper will acquire JDE Peet’s – whose brands include Douwe Egberts, Kenco and Peet’s Coffee – for more than $18 billion and split into two listed businesses.