date:Jun 03, 2014
Cott Corporations UK/Europe business unit has purchased all subsidiary companies of Aimia Foods in a $133m deal.
The acquisition price includes the payment of nearly $80m at closing plus an adjustment for working capital, $33m in deferred consideration payable in September 2014, and on-target earnout consideration of $20m, with a minimum earnout consideration of $13m and a maximum earnout consideration of $27m.
Cott said that the purchase price will be funded through cash on hand and borrowing