Mehr »
Donnerstag, 24.05.2018 Börsentäglich über 12.000 News von 579 internationalen Medien



24 h / 7 T
7 Tage



24 h / 7 T
7 Tage








Passende Knock-Outs zu Ihrer Suchanfrage (Anzeige)
Ad hoc-Mitteilungen

WKN: 887195 ISIN: CA22163N1069 Ticker-Symbol: GC6 
COTT CORPORATION 1-Woche-Intraday-Chart
15.02.2018 | 13:45
(70 Leser)
Schrift ändern:
(0 Bewertungen)


Stock Monitor: Crystal Rock Holdings Post Earnings Reporting

LONDON, UK / ACCESSWIRE / February 15, 2018 / Active-Investors.com has just released a free research report on Cott Corp. (NYSE: COT). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/'symbol=COT as the Company's latest news hit the wire. On February 13, 2018, the Company disclosed that it has signed an agreement to acquire Crystal Rock Holdings, Inc. (NYSE: CRVP) ("Crystal Rock"). The all-cash transaction is valued approximately $35 million and has been approved by the Board of Directors of both companies. The deal is expected to expand Cott's business in the home and office water delivery and coffee services segment. Register today and get access to over 1,000 Free Research Reports by joining our site below:


Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Cott and Crystal Rock Holdings most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:



In January 2018, the Company completed the sale of its traditional beverage manufacturing business to Refresco for $1.25 billion. The acquisition of Crystal Rock is in-line with the Company's strategy of focusing on its core business as route-based services provider in water, coffee, tea, extracts and filtration solutions.

Terms of the acquisition

As per the terms of the agreement, Cott has approved payment to Crystal Rock's shareholders for $0.97 cash for each Crystal Rock's share they hold. All outstanding Crystal Rock's shares will be acquired by a wholly-owned subsidiary of Cott via a tender offer at $0.97 per share. The completion of the tender offer is subject to certain conditions including the minimum tender of a majority of outstanding shares of Crystal Rock's common stock on a fully diluted basis and other customary conditions. Once the tender offer is completed, the wholly-owned subsidiary of Cott will merge with and into Crystal Rock. This merged entity will then become a wholly-owned subsidiary of Cott. Any eligible shares which are not tendered will be treated as cancelled and will have the right to receive $0.97 in cash for each share. Once the transaction is completed, the shares of Crystal Rock will stop trading on the New York Stock Exchange, where they are currently listed.

Cott has entered into a support agreement with nearly 50.8% of Crystal Rock's shareholders who have agreed to tender their shares to Cott's tender offer.

The deal is expected to close in March 2018, subject to fulfilment of the conditions to the tender offer and other closing conditions. Cott has intimated that it would share pertinent information on the financial impact and other details of the acquisition once the transaction is completed.

Management Comments

Commenting on the strategic acquisition, Jerry Fowden, CEO of Cott, said:

"The Crystal Rock acquisition is another positive step in our stated strategy to pursue acquisitions in the higher margin home and office water delivery and coffee services categories, where we believe our platform, operating strength, and synergies can be leveraged."

Tom Harrington, CEO of DS Services, a wholly-owned subsidiary of Cott, stated:

"We are very excited about strengthening our business in the New York and New England high density markets and firmly believe that our proven track record of integrating companies onto our platform will result in improved performance within our operations in the Northeastern United States."

Peter Baker, CEO of Crystal Rock, added:

"The shareholders of Crystal Rock will be benefiting from the premium paid over the recent trading price of the shares. In addition to this, given the shared corporate culture of the two companies, our customers will continue to receive best in class service in the northeast market."

About Crystal Rock Holdings, Inc.

Crystal Rock operating through its subsidiary Crystal Rock LLC, markets and distributes water and coffee service, office supplies, refreshment beverages, and other break room items to the commercial office and at home markets throughout the Northeast. Watertown, Connecticut-based Crystal Rock is a 100-year-old company that bottles and distributes natural spring water under the Vermont Pure® brand, purified water with minerals added under the Crystal Rock® Waters label and it roasts and packages coffee under its Cool Beans® brand. The Company launched the Crystal Rock Office® brand in 2010 which features traditional office supplies, break room items, furniture and janitorial and sanitation products. Most of the Company's sales are derived from a route distribution system that delivers water in 3- to 5-gallon reusable, recyclable bottles, and coffee in fractional packs or pods.

About Cott Corp.

Cott is a leading route based North American and European water, coffee, tea, extract and filtration solution service provider. It has the largest volume-based national presence in the North American and European home and office bottled water delivery industry and a leader in custom coffee roasting and blending of iced tea for the US foodservice industry. It has over 2.3 million customers or delivery points with over 2,500 direct-to-consumer routes across North America and Europe supported by strategically located sales and distribution facilities and fleets, as well as wholesalers and distributors. This enables the Company to efficiently service residences, businesses, restaurant chains, hotels and motels, small and large retailers, and healthcare facilities.

Stock Performance Snapshot

February 14, 2018 - At Wednesday's closing bell, Cott's stock declined 1.34%, ending the trading session at $15.48.

Volume traded for the day: 900.02 thousand shares.

Stock performance in the previous six-month period - up 0.39%; and past twelve-month period - up 43.60%

After yesterday's close, Cott's market cap was at $2.17 billion.

The stock has a dividend yield of 1.55%.

The stock is part of the Consumer Goods sector, categorized under the Beverages - Soft Drinks industry. This sector was up 1.0% at the end of the session.


Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

A-I has not been compensated; directly or indirectly; for producing or publishing this document.


The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@active-investors.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.


A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.


This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visithttp://active-investors.com/legal-disclaimer/.


For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@active-investors.com

Phone number: 73 29 92 6381

Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active-Investors