Cott said that the acquisition would add around $45m to its annual sales but said it did not anticipate it would have a material impact on this year’s earnings.
US: Cott buys Premium Beverage Packers
The Canadian soft drinks group, Cott Corp., which specialises in own label products, has announced the acquisition of the privately-owned US bottler, Premium Beverage Packers Inc. The move is a bid to reinforce its presence in the north-eastern US. Premium Beverage Packers is based in Wyomissing, Pennsylvania.