Cott buys Mountain Valley from Great Range Capital for $78.5 mln
Cott Corp (TSX: BCB, NYSE: COT) has acquired The Mountain Valley Spring Co, a Hot Springs, Arkansas-based producer and deliverer of bottled spring and sparkling water, for $78.5 million in cash. The seller was Great Range Capital, a U.S. private equity firm. Great Range invested in Mountain Valley in 2014. Cott, a Toronto-based water, coffee, tea, extracts and filtration service company, said the purchase will help build out its water solutions portfolio. Cott is currently pursuing acquisitions in the water and coffee segments.
16 October 2018•3 mins read
