Cott wraps up $682 mln buy of Rhône-backed Eden Springs
Cott Corp (NYSE: COT, TSX: BCB) has closed its acquisition of Eden Springs International, a Swiss direct-to-consumer services provider specializing in workplace drinks solutions. The deal, announced in June, reflected a purchase price of €470 million ($682 million) on a debt and cash-free basis. The seller was Rhône Capital, a U.S. private equity firm that acquired Eden Springs in mid-2013. Toronto-based beverage producer Cott said the deal is consistent with its diversification strategy.
2 August 2016•6 mins read
