On March 2, 2020, Cott Corporation (NYSE: COT) completed its acquisition of Primo Water Corporation (Nasdaq: PRMW) for cash and Cott stock. The transaction valued Primo at approximately $775 million and completes Cott’s multiyear strategy of transitioning from a carbonated soft drink and juice manufacturer to a pure-play water solutions provider.
Primo is a leading provider of water dispensers, multigallon purified bottled water and self-service refill drinking water.
Cott has rebranded itself as Primo Water Corporation following the acquisition and now trades on the NYSE and TSX under the PRMW ticker.
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