Coca-Cola Canada Bottling Limited Acquires the Coca-Cola Company's Canadian Bottling Business
Goodmans LLP represented Coca-Cola Canada Bottling Limited (“CCCBL”) in connection with a joint venture established between prominent businessman and philanthropist, Larry Tanenbaum O.C., and Junior Bridgeman, a former NBA player, renowned entrepreneur and owner of Kansas City-based Heartland Coca-Cola Bottling Company, to complete the acquisition of Coca-Cola Refreshments Canada Company (“CCRC”) from Coca-Cola Refreshments USA, Inc., a subsidiary of The Coca-Cola Company (NYSE:KO) on September 28, 2018.
CCCBL continues to employ 5,800 CCRC employees and is responsible for all Coca-Cola bottling and distribution operations across Canada, including the operation of five production facilities and over fifty sales and distribution centres. CCCBL will continue to offer a wide variety of beverages, including some of the most popular brands in Canada such as Coca-Cola®, Diet Coke®, Coca-Cola® Zero Sugar, Coca-Cola Life™, Sprite®, Fanta®, Barq’s®, NESTEA®, POWERADE®, Minute Maid®, DASANI® and vitaminwater®; and its partner brands Canada Dry®, Monster Energy®, evian®, and A&W®.
Featured Work
-
Mergers and Acquisitions
Onex to sell WestJet stakes to Delta and Korean Air
Goodmans LLP advised WestJet Airlines Ltd. and its controlling shareholder, Onex Corporation, in connection with the sale of Onex’s minority stakes in WestJet to Delta Air Lines and Korean Air… -
Entertainment
Cineplex to sell its digital place-based media division to Creative Realities for $70 million
Goodmans LLP is acting for Cineplex Inc., Canada's leading entertainment and media company, in connection with the sale of its digital place-based media division, Cineplex Digital Media (“CDM”) to… -
Mergers and Acquisitions
GTCR to acquire Dentalcorp for C$2.2 billion
Goodmans LLP is advising GTCR LLC in connection with its proposed acquisition of dentalcorp Holdings Ltd. (“Dentalcorp”) by way of a plan of arrangement in a transaction that values Dentalcorp at… -
Mergers and Acquisitions
Dayforce to be taken private by Thoma Bravo for US$12.3 billion
Goodmans LLP is advising Dayforce, Inc. as Canadian counsel in connection with its definitive agreement to be taken private by Thoma Bravo in an all-cash transaction with an enterprise value of… -
Mergers and Acquisitions
Dream Residential REIT to be acquired by Morgan Properties for C$491 million
Goodmans LLP is acting for the Special Committee of Dream Residential REIT in connection with its agreement to be acquired by Morgan Properties in an all-cash transaction for approximately C… -
Mergers and Acquisitions
SBA Communications to sell Canadian wireless tower business to CVC DIF
Goodmans LLP is advising SBA Communications in connection with its definitive agreement to sell its Canadian wireless tower business (SBA Canada) to CVC DIF, the dedicated infrastructure investment…