Cott

Cott Corporation agreed to acquire Primo Water Corporation for $14.00 per share in cash and stock, valuing Primo at approximately $775 million. The deal will make Cott a pure-play water company and it will rebrand as Primo Water.

The UK Competition & Markets Authority accepted Refresco's undertakings to sell Cott's Nelson plant, so the $1.25bn Refresco-Cott merger will not be referred for an in-depth investigation.

Sunmagic Juices bought Cott's aseptic PET bottling facility in Nelson, Lancashire, as a remedy required by the UK competition authority for the Refresco-Cott merger. The plant is the only UK Cott site using a preservative-free aseptic process.

Refresco Group agreed to buy rival bottler Cott Corp for $1.25 billion; the UK Competition and Markets Authority opened an in-depth investigation into juice drinks overlap, and Refresco said it would propose remedies.

Refresco agreed to acquire Cott's bottling activities for USD 1.25 billion, creating the largest independent bottler in Europe and North America, with completion expected in the second half of 2017.