primo water corporation

From 1976 to 1991, Cott expanded its distribution throughout Canada and back into the U.S. and into Europe. January 13, 2020 06:45 ET Information can also be found in the Company's Annual Report on Form 10-K for the year ended December 31, 2022. The combination of Cott and Primo, along with the recent announcement of Cotts evaluation of certain strategic alternatives for its S&D Coffee and Tea (S&D) business, including a sale of S&D, will transition Cott into a pure-play water company. Enhance topline growth and adjusted EBITDA margin. Primo is a leading pure-play water solutions provider in North America and Europe and generates approximately $2.2 billion in annual revenue. With respect to our expectations of performance of Primo as it is being integrated, reconciliations of 2020 estimated adjusted EBITDA, earnings accretion and cash on cash IRR are not available, as we are unable to quantify certain amounts that would be required to be included in the relevant GAAP measures without unreasonable effort. Because Cott uses these adjusted financial results in the management of its business, management believes this supplemental information is useful to investors for their independent evaluation and understanding of Cott's underlying business performance and the performance of its management. The forward-looking statements in this press release include but are not limited to statements regarding the effectiveness of the Company's strategy and the ability of the Company's leadership to execute on such strategy. Nearby homes similar to 18978 Round Lake Rd have recently sold between $310K to $330K at an average of $155 per square foot. 2.5 Baths. "We firmly believe that our combined businesses will drive significant value for our shareholders over the coming years," continued Mr. Harrington. [10], On January 30, 2018, Cott sold its carbonated soft drinks and juice bottling businesses to Refresco for US$1.25 billion. At Primo Water Corporation, we believe in creating healthier lives, healthier communities, and a healthier planet--that's the One Primo Way. The Company intends to file a definitive proxy statement and a BLUE proxy card with the U.S. Securities and Exchange Commission (the "SEC") and Canadian securities regulators in connection with any such solicitation of proxies from the Company's shareowners. See Investor Survey Results, This Companys Unique Tech Gains Traction Across Multiple Segments of the Aviation Sector, NexOptic Technology Corp. Signs MOU with IntroMedic, A Global Capsule Endoscopic Imaging Corporation, Nutrition Co. 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In May 2014, Cott completed the acquisition of Aimia Foods (Holdings) Limited, a privately held producer and distributor of hot chocolate, coffee and powdered beverages, hot and cold cereal products located in Merseyside, United Kingdom. The Company intends to file a definitive proxy statement and a BLUE proxy card with the U.S. Securities and Exchange Commission (the "SEC") and Canadian securities regulators in connection with any such solicitation of proxies from the Company's shareowners. TAMPA, Fla., March 16, 2023 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo Water"), aleading provider of sustainable drinking water solutions in North America and Europe,today announced that Eric J. Foss has been appointed to Primo Water's Board of Directors (the "Board"), effective immediately. Primo Water also offers water filtration units across its 21-country footprint. Join us as we work to inspire healthier lives through reducing plastic waste and providing safe water* for all. Ten incumbents will be nominated for reelection at the companys annual shareholder meeting. Accordingly, Purchaser has accepted payment and will promptly pay the depositary for all validly tendered shares. Our associates have created a rich and proud legacy that goes back well over 100 years, and today, we are a global team across 21 countries. What We Stand For; . 2023 Primo Water Corporation. [3], In October 2000, Concord Beverages, with its Vintage brand seltzer water, was acquired from Honickman Group. Factors that could cause actual results to differ materially from those described in this press release include, among others: risks relating to any unforeseen changes to or effects on liabilities, future capital expenditures, revenues, expenses, earnings, synergies, indebtedness, financial condition, losses and future prospects; the effect of economic, competitive, legal, governmental and technological factors on Primo Water's business; and the impact of national, regional and global events on our business, including the COVID-19 outbreak. Factors that could cause actual results to differ materially from those described in this press release include, among others: risks relating to any unforeseen changes to or effects on liabilities, future capital expenditures, revenues, expenses, earnings, synergies, indebtedness, financial condition, losses and future prospects; the effect of economic, competitive, legal, governmental and technological factors on Primo Water's business; and the impact of national, regional and global events on our business, including the COVID-19 outbreak. Goldman Sachs acted as financial advisor to Primo and K&L Gates LLP provided legal counsel to Primo. As we turn to our new business model, we are taking the opportunity to rebrand our company as Primo Water Corporation to reflect the leading position we have in the growing and attractive water market with the opportunity to be revalued in line with our water peers, commented Tom Harrington, Cotts Chief Executive Officer. The forward-looking statements are based on assumptions regarding management's current plans and estimates. As previously disclosed, Stephen Halperin is retiring from the Board at the Annual Meeting as a result of having reached Primo Water's mandatory retirement age of 73. Primo Water Corporation 1150 Assembly Drive., Ste. [18], Last edited on 10 December 2022, at 00:07, "Primo Water Corporation 2021 Annual Report", History of Cott Corporation FundingUniverse, Cott Corporation Has Acquired Honickman Group's Concord Beverage To Strengthen U.S. He was named as chairman in February 2015. Save time with bottled water delivered to your door by our friendly and knowledgeable Route Sales Representatives - whether it's a 5-gallon returnable bottle or a 24-pk. See. Home & Office Delivery 800.728.5508 Updated information regarding the identity of potential participants, and their direct or indirect interests, by security holdings or otherwise, will be set forth in the definitive proxy statement and other materials to be filed with the SEC in connection with the Annual Meeting. You have permission to edit this article. The condition to the exchange offer that at least a majority of the issued and outstanding shares of Primo (as determined pursuant to the merger agreement) be validly tendered and not validly withdrawn and all other conditions to the exchange offer have been satisfied. We wish him all the best in his retirement.". Primo Water Corporation to Present at the Raymond James 44th Annual Institutional Investors Conference. This page was last edited on 10 December 2022, at 00:07. 0. The depositary and paying agent for the exchange offer has advised that, as of 5:00 p.m., New York City time, on February 28, 2020, the expiration of the exchange offer, 32,716,138 shares of common stock of Primo were tendered pursuant to the exchange offer, representing approximately 81.1% of the issued and outstanding shares of common stock of Primo. There was a problem saving your notification. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, Primo Water Appoints Eric J. Foss to Its Board of Directors, Primo Water Corporation annonce les rsultats de l'exercice complet et du quatrime trimestre de 2022 ; la socit augmente de nouveau le dividende trimestriel. Primo Water is a pure-play water provider that is the product of the March 2020 acquisition of the legacy Primo business by Cott. Primo Water Corporation (Nasdaq: PRMW) is an environmentally and ethically responsible company with the purpose of inspiring healthier lives through better water . (renews at {{format_dollars}}{{start_price}}{{format_cents}}/month + tax). Copies of the documents filed with the SEC by Primo will be available free of charge under the SEC filings heading of the Investors section of Primos website at http://ir.primowater.com/. Five from the ACC, which includes Duke and N.C. 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Primo Water Corporation (formerly Cott Corporation) has leading service-based platforms across 21 countries in North America and Europe as well as over 22,000 retail locations in North America. Conveniently located and easy to use, our self-service refill stations make getting fresh filtered drinking water simple and surprisingly affordableas it should be! MYTH: Bottled water costs 1,000 times more than tap water. Readers are urged to carefully review and consider the various disclosures, including but not limited to risk factors contained in the Company's Annual Report in the Form 10-K and its quarterly reports on Form 10-Q, as well as other periodic reports filed with the securities commissions. Cision Distribution 888-776-0942 Readers are urged to carefully review and consider the various disclosures, including but not limited to risk factors contained in the Company's Annual Report in the Form 10-K and its quarterly reports on Form 10-Q, as well as other periodic reports filed with the securities commissions. TAMPA, Fla., March 17, 2023 /PRNewswire/ -Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo Water"), aleading provider of sustainable drinking water solutions in North America and Europe,today announced that the notice (the "Notice") submitted by Legion Partners Holdings, LLC (together with its affiliates, "Legion"), purporting to nominate four candidates to stand for election to Primo Water's Board at the Company's 2023 Annual and Special Meeting (the "Annual Meeting"), is invalid because it contains intentional misrepresentations and patently false information. Cott will host an investor day on Tuesday March 24, 2020 from 1:30 p.m. Eastern Time to 4:00 p.m. Eastern Time and will incorporate financial modeling information regarding the Primo acquisition as a part of the presentations. Cott Beverage Corporation was founded in 1923 by Solomon Cott, a Polish immigrant, with his sons Harry, Barney, Jack and Albert in Port Chester, New York. 9,230 Employees . CONTACT:Jarrod Langhans Investor Relations for CottTel: (813) 313-1732Investorrelations@cott.com, Cynthia MillaneMedia Relations for CottTel: (813) 421-9867communications@cott.com, David MillsChief Financial Officer for PrimoTel: (336) 331-4000, ICR, Inc.Investor Relations for PrimoKatie TurnerTel: (646) 277-1228, Expected synergies (three-year capture by 2020), Loss on diposal of property, plant and equipment, net, Foreign exchange and other losses (gains), net. hTRIO Bottom Loading Water Dispenser with Single Serve Coffee K-cup Machine Built-In - Black. Stockhouse.com is owned by Stockhouse Publishing Ltd. 2019 Stockhouse Publishing Ltd. All rights reserved. [11] The transaction included the Cott business units in North America, the U.K. and Mexico. The razor in Primo Water's revenue model is its industry leading line-up of innovative water dispensers, which are sold through approximately 10,000 retail locations and online at various price points. A live audio webcast will be available through the Company's website at http://www.cott.com. Primo operates largely under . Star Navigation Systems Group: What is an Inflight Safety Monitoring System and why is this tech unique? This press release is for informational purposes only and does not constitute an offer to purchase or a solicitation of an offer to sell shares, nor is it a substitute for any offer materials that the parties will file with the U.S. Securities and Exchange Commission (the SEC). Primo is a leading pure-play water solutions provider in North America, Europe and Israel focused on healthy and sustainable hydration solutions. [14], In January 2020, Cott sold S&D Coffee and Tea to Westrock Coffee Company, LLC for US$405 million. . PRIMO CAREERS. ABOUT PRIMO WATER CORPORATION. [7], In January 2016, Cott completed the acquisition of Aquaterra, a Canadian bottled water and coffee delivery services provider, for approximately C$62 million. Financial Market Data powered by QuoteMedia. Provide a singular water-focused company, positioned to succeed in higher growth and higher margin water categories as a rebranded entity with the opportunity to be revalued in line with our water peers. The foregoing list of factors is not exhaustive. Copies will also be available at no charge on the Company's website at https://primowatercorp.com/investors/. Brings Broad-Based Leadership and Experience Running Global, Scale Beverage and Route-Based Businesses. Factors that could cause actual results to differ materially from those described in this press release include, among others: risks relating to any unforeseen changes to or effects on liabilities, future capital expenditures, revenues, expenses, earnings, synergies, indebtedness, financial condition, losses and future prospects; the effect of economic, competitive, legal, governmental and technological factors on Primo Water's business; and the impact of national, regional and global events on our business, including the COVID-19 outbreak. Primo Water's water solutions expand consumer access to purified, spring, and mineral water to promote a healthier, more sustainable lifestyle while simultaneously reducing plastic waste and pollution. Cott Corporation and Primo will host a conference call today, January 13, 2020, at 10:00 a.m. The exchange offer referenced in this press release has not yet commenced. The Company intends to file a definitive proxy statement and a BLUE proxy card with the U.S. Securities and Exchange Commission (the "SEC") and Canadian securities regulators in connection with any such solicitation of proxies from the Company's shareowners. The webcast will be recorded and archived for playback on the investor relations section of the website for two weeks following the event. Cott has obtained financing commitments of up to $400 million from an affiliate of Deutsche Bank Securities Inc. to support the payment of the acquisition price and the refinancing of Primos debt. Whether you're a traveler, a homebody, a parent or a pet, Primo has a dispenser that's just for you. Ask SAM: Is Lanie Pope cutting back her hours on WXII? A copy of the slide presentation that will be used on the call will be available through Cott's website prior to the call on March 24, 2020. Inquiries are responded to within 48 hours and only during business weekdays. 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