Cott Corporation continued its transition into a pure-play water solutions provider by closing the sale of S&D Coffee and Tea (S&D) to Westrock Coffee Company. Our firm advised on the $405 million all cash transaction.
S&D is a nearly 100-year-old beverage company and is a leader in custom coffee roasting, iced teas, and extracts and ingredients.
The sale positions Cott Corporation to accelerate growth and expand margins.
