Type | Public |
---|---|
Industry | Business Services |
Founded | 1952 |
Headquarters | , United States |
Area served | Worldwide |
Key people | Chairman: Jerry Fowden President and CEO: Tom Harrington CFO: Jay Wells |
Products | Water, water dispensers, refill machines, filtration equipment |
Services | Home and office bottled water delivery, pre-filled multi-gallon bottled water and self-service water refill available at retail locations, and filtration services. |
Revenue | US$1.953 Billion (Fiscal Year Ended January 2, 2021) [1] |
–US$0.052 Billion (Fiscal Year Ended January 2, 2021) [1] | |
–US$0.131 Billion (Fiscal Year Ended January 2, 2021) [1] | |
Total assets | US$3.604 Billion (Fiscal Year Ended January 2, 2021) [1] |
Total equity | US$1.346 Billion (Fiscal Year Ended January 2, 2021) [1] |
Number of employees | 10,400 |
Website | https://primowatercorp.com/ |
Primo Water Corporation (formerly Cott Corporation) is an American-Canadian water company offering multi-gallon bottled water, water dispensers, self-service refill water machines, and water filtration appliances. The company is headquartered in Tampa, Florida, and services residential and commercial customers across the United States, Canada, Europe, and Israel.
Cott Beverage Corporation was founded in 1923 by Solomon Cott, a Polish immigrant, with his sons Harry, Barney, Jack and Albert in Port Chester, New York. Harry Pencer, a clothier from Montreal, Quebec, began to import Cott sodas into Quebec in 1952. In 1955, Pencer acquired the Canadian rights to the Cott label and established Cott Beverages (Canada) Ltd., to bottle the Cott line of sodas. From 1976 to 1991, Cott expanded its distribution throughout Canada and back into the U.S. and into Europe. [2] In 1969, the name was changed to Cott Beverages Ltd., and in 1991 to Cott Corporation. [3]
In October 2000, Concord Beverages, with its Vintage brand seltzer water, was acquired from Honickman Group. [4] In July 2010, Cott announced its acquisition of Cliffstar Corporation, a US supplier of store-supplied and made juice beverages. [5]
Beginning in 2014, Cott expanded via acquisitions predominantly in the bottled water industry and exited the carbonated beverages business. In May 2014, Cott completed the acquisition of Aimia Foods (Holdings) Limited, a privately held producer and distributor of hot chocolate, coffee and powdered beverages, hot and cold cereal products located in Merseyside, United Kingdom. [6] In December 2014, Cott completed the acquisition of DSS Group, Inc. a bottled water and coffee direct-to-consumer home and office delivery services provider in the United States. The aggregate consideration was approximately $1.25 billion. [7]
In January 2016, Cott completed the acquisition of Aquaterra, a Canadian bottled water and coffee delivery services provider, for approximately C$62 million. [8] Eight months later, Cott acquired Eden Springs, a European water and coffee deliverer, for approximately €470 million, [9] and premium coffee roaster S&D Coffee and Tea, for approximately $355 million. [10]
On January 30, 2018, Cott sold its carbonated soft drinks and juice bottling businesses to Refresco for US$1.25 billion. [11] The transaction included the Cott business units in North America, the U.K. and Mexico. [12] That October, Cott announced the acquisition of Mountain Valley Spring Company from Great Range Capital for $78.5 million [13] The next February, Cott announced the sale of its soft drink concentrate production facility and RCI International division to Refresco for US$50 million. [14]
In January 2020, Cott sold S&D Coffee and Tea to Westrock Coffee Company, LLC for US$405 million. [15]
On March 2, 2020, Cott completed its purchase of Primo Water Corporation for US$775 million. [16] As part of the purchase agreement, Cott rebranded as Primo Water Corporation and changed its ticker symbols to NYSE:PRMW and TSX:PRMW. [17]
In July 2022, Primo Water Corporation acquired Georgia-based Highland Mountain Water for an undisclosed sum. [18]
RC Cola is a cola-flavored carbonated beverage owned in the U.S. by U.S. coffee and beverage company Keurig Dr Pepper, and owned outside the U.S. by RC Global Beverages, Inc.
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Keurig Dr Pepper Inc., formerly Green Mountain Coffee Roasters (1981–2014) and Keurig Green Mountain (2014–2018), is a publicly traded American beverage and coffeemaker conglomerate with headquarters in Burlington, Massachusetts and Frisco, Texas. Formed in July 2018, with the merger of Keurig Green Mountain and Dr Pepper Snapple Group, Keurig Dr Pepper offers over 125 hot and cold beverages. The company's Canadian business unit subsidiary operates as Keurig Dr Pepper Canada.
Monster Beverage Corporation is an American beverage company that manufactures energy drinks including Monster Energy, Relentless and Burn. The company was originally founded as Hansen's in 1935 in Southern California, originally selling juice products. The company renamed itself as Monster Beverage in 2012, and then sold their Hansen's juices and sodas and their other non-energy drink brands to the Coca-Cola Company in 2015.
Breezeline is the trade name for the United States operations of Cogeco Communications, constituting the 8th largest cable operator in the United States, based on the number of television service customers served. The company currently provides TV, Internet and phone services using a combined coaxial cable & fiber-to-the-premises (FTTP) network. Breezeline currently has approximately 707,000 broadband customers located in twelve states: New Hampshire, Maine, Connecticut, New York, Pennsylvania, Delaware, Maryland, Ohio, West Virginia, Virginia, South Carolina, and Florida. The company is headquartered in Quincy, Massachusetts.
Cliffstar Corporation is a Dunkirk, New York headquartered maker of juices, sports drinks, teas, and private-label beverages. Cliffstar provides products to grocery, mass merchandisers, and food service companies. Cliffstar operates manufacturing facilities in Dunkirk, New York, Joplin, Missouri, Greer, South Carolina, Fontana, California, and Walla Walla, Washington. In addition to manufacturing locations Cliffstar also maintains processing plants in Fredonia, New York, Warrens, Wisconsin, North East, Pennsylvania and East Freetown, Massachusetts. The company was co-founded by Stanley A. Star in 1970. He served as chairman of the company at the time of its acquisition.
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