Cott Announces Evaluation of Strategic Alternatives To Its Coffee, Tea And Extract Solutions Segment

Author: Benzinga Newsdesk | January 08, 2020 07:45am

Cott Corporation (NYSE:COT, TSX:BCB) (the "Company" or "Cott"), today announced that, as part of the Company's strategic planning process, it is evaluating certain strategic alternatives for S&D Coffee and Tea ("S&D"), including a sale of S&D, to transition Cott into a pure-play water solutions provider. S&D is the U.S. market leader in custom coffee roasting and the largest blender of iced teas for food service and convenience stores in the United States. S&D is also a leader in the high growth category of extracts and ingredients. 

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