March 02, 2020

Cott Acquisition of Primo Water Corporation

Goodmans LLP acted for Cott Corporation (“Cott”) in connection with its acquisition of Primo Water Corp. (“Primo”) for $14.00 per share, for a total transaction value of $775 million.

The combination of Cott and Primo, along with the recent announcement of Cott’s evaluation of certain strategic alternatives for its S&D Coffee and Tea (“S&D”) business, including a sale of S&D, will transition Cott into a pure-play water company.

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