Eden Springs, one of Europe’s leading suppliers of water and coffee solutions to offices in 18 European markets, today announced that its current owners, investment entities affiliated with Rhône Capital, and Eden management, have entered into a definitive share purchase agreement for Eden to be acquired by Cott Corporation.
Cott is one of the world’s largest producers of beverages on behalf of retailers, brand owners and distributors. In addition, Cott is a leader in the North American home and office water delivery, coffee services and filtration services industries. The company produces multiple types of beverages and currently employs more than 9,500 people. Cott has manufacturing activities across the USA, Canada, Mexico and the UK and develops and exports beverage concentrates to over 50 countries.
Raanan Zilberman, Eden Spring’s chief executive officer, commented: “Eden is a successful business and a natural fit with the wider Cott family. This transaction is an important step as we strengthen our international capability and develop our market-leading position. The new merger will provide an even stronger platform for our business, including the expansion of our portfolio and services.”