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

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

Benzinga · 01/08/2020 11:45

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.