A PYMNTS Company

EU: Soft drink merger expected to close this summer

By  |  May 1, 2013

In efforts to expand within the European market, UK-based beverage manufacturer Cott has announced an agreement to acquire two subsidiaries of Cooke Bros Holdings. The buyouts, which will take over Calypso Soft Drinks and Mr Freeze, will expand Cott’s businesses throughout the UK and the rest of Europe in a business strategy to diversify its portfolio. According to reports, Cott has developed new packaging formats for various soft drinks. The transaction remains subject to approval from the Office of Fair Trading, but the parties expect to finalize the deal by June 2013.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Full Content: DBR

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.