Peñafiel grew under Cadbury Schweppes management, rolling out line extensions and innovative packaging.

In August 2003, Peñafiel Twist spun into the marketplace, bringing consumers fruit-flavored mineral waters that contain more than 75% fewer calories than traditional soft drinks.

Peñafiel is part of Plano, Texas-based Dr Pepper Snapple Group, an integrated refreshment-beverage business marketing more than 50 beverage brands throughout North America.

On June 18, 2019, the Center for Environmental Health found that Peñafiel and Whole Foods owned Starkey Water had high levels of the toxic metal, arsenic.

[2] Peñafiel is produced in orange, lemon, strawberry, grapefruit, arándano (cranberry), coconut water, mango, lime, pineapple, sangria (punch wine), and apple variants.