Cott Expands UK Presence With Calypso Acquisition

 Breaking News
  • Coca-Cola HBC to Acquire Italian Water and Sparkling Beverages Company in €88 Million Deal Coca‑Cola HBC has agreed to acquire Acque Minerali, a privately-held natural mineral water and adult sparkling beverages business based in Italy. The acquisition is being made in conjunction with The Coca-Cola Company, in-line with previous similar acquisitions. The total enterprise value payable by Coca‑Cola HBC and The Coca‑Cola Company, subject to customary closing adjustments, amounts [...]...
  • Britvic Signs Up to Science Based Targets Initiative Britvic has pledged to pursue bolder greenhouse gas (GHG) emission reduction targets by signing up to the Science Based Targets initiative. Britvic joins around 600 leading companies from around the world in formally committing to independently verified science-based GHG emission reduction targets. Britvic’s A Healthier Everyday sustainability strategy recognises climate change as one of the biggest threats facing [...]...
  • Marks & Spencer Partners Infarm to Bring Urban Farming to London Stores M&S Food is partnering with infarm – one of the world’s most advanced urban farming platforms – to deliver a range of fresh produce grown and harvested in a selection of the retailer’s London stores. Customers will now find a range of fresh herbs – including Italian, Greek and Bordeaux Basils, Mint, Curly Parsley and Mountain [...]...
  • Coca-Cola European Partners to Remove 4,000 Tonnes of Single-use Plastic by Swapping Shrink Wrap For Cardboard in Western Europe Coca-Cola European Partners, will be replacing plastic shrink wrap with cardboard for its can multipacks across Western Europe, removing approximately 4,000 tonnes of single-use plastic per year across the region. This is the latest move in Coca-Cola’s commitment to tackle packaging waste and remove all unnecessary single-use plastic from its secondary packaging. Plastic shrink wrapping is used [...]...
  • EU Leading in Global Agri-food Trade The EU has been confirmed for yet another year in its position as the largest global exporter of agri-food products, with sales reaching €138 billion in 2018. Agriculture products represent a solid share of 7% of the value of EU total goods exported in 2018, ranking fourth after machinery, other manufactured goods and chemicals. Agriculture and [...]...

Cott Expands UK Presence With Calypso Acquisition

Cott Expands UK Presence With Calypso Acquisition
May 02
13:19 2013

Cott Corporation is extending its UK and European business with the acquisition of Calypso Soft Drinks, including Mr Freeze (Europe), for an undisclosed price. Calypso Soft Drinks is a privately owned soft drinks and freezable business based at Wrexham in the UK.

Calypso Soft Drinks, with revenues of approximately US$50 million (£38 million), has a strong presence in the food service channel (which includes schools) with an extensive range of branded children’s soft drinks that use its own source of natural mineral water and contain no artificial colours or flavours. Additionally, Calypso Soft Drinks is the UK’s market leader in freezables with its Jubbly, Mr Freeze and other various licensed trademark offerings.

Steve Corby, Director of Cott’s UK reporting segment, comments: “The Calypso Soft Drinks acquisition falls within the diversification strategy of the UK reporting segment as it brings new soft drink packaging formats such as single serve Combi cartons, single serve cups and cuplets and two freezable formats into the Cott portfolio. Calypso Soft Drinks has been highly successful in providing its customers with quality and innovation. We look forward to building on the solid foundation already established.”

Peter Cooke, chief executive of Calypso Soft Drinks, says: “We firmly believe that bringing Calypso Soft Drinks into the Cott family will provide additional opportunities for the benefit of our employees and customers alike.”

Completion of the transaction is subject to customary conditions, including clearance from the UK’s Office of Fair Trading and is anticipated to close in June 2013.

Canada-based Cott is one of the world’s largest producers of beverages on behalf of retailers, brand owners and distributors. Cott produces multiple types of beverages in a variety of packaging formats and sizes, including carbonated soft drinks, 100% shelf stable juice and juice-based products, clear, still and sparkling flavored waters, energy products, sports products, new age beverages, and ready-to-drink teas, as well as alcoholic beverages for brand owners.

Employing about 4,000 people and operating manufacturing facilities in the United States, Canada, the UK and Mexico. Cott also develops and manufactures beverage concentrates, which it exports to over 50 countries around the world.

About Author



Related Articles

Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • October 1, 2019PPMA Total Show
  • October 17, 2019Future Food-Tech
  • November 18, 2019Plastics Caps and Closures Conference 2019
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here