COTT DEAL
September 1st, 2001
BY MONICA DOBIE, in MontrealCANADIAN soft drinks giant the Cott Corporation has announced that it will invest US$29.5 million in cash, to form a new business venture with Polar Corp., an independent beverage supplier from Worcester, Massachusetts, in the USA.It is hoped that the new soft drinks venture, called Northeast Retailer Brands LLC, will add US$55 million to Cotts annual sales and will also add to its earnings per share growth in the first full year, said Cott's president, Frank E. Weisse.Polar has been bottling drinks for more than 120 years, supplying ...
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