primo water corporation

Cott Corporation and Primo will host a conference call today, January 13, 2020, at 10:00 a.m. There is no need for shareowners to take any action at this time. Any proxies submitted or votes cast for the election of Legion's candidates will be disregarded. We want to inspire healthier lives through our better, safer water. TAMPA, Fla., March 17, 2023 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo Water"), a leading provider of sustainable drinking water solutions in North America and Europe, today announced that the notice (the "Notice") submitted by Legion Partners Holdings, LLC . You have permission to edit this article. Primo Water's razorblade offering is comprised of Water Direct, Water Exchange, and Water Refill. 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). The Company does not, except as expressly required by applicable law, undertake to update or revise any of these statements in light of new information or future events. 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. Whether youre a traveler, a homebody, a parent or a pet, Primo has a dispenser thats just for you. We are excited about the opportunity to provide sustainable hydration solutions to more people than either company could have done alone., COMPELLING STRATEGIC AND FINANCIAL RATIONALE. In addition, the non-GAAP financial measures included in this earnings announcement reflect management's judgment of particular items, and may be different from, and therefore may not be comparable to, similarly titled measures reported by other companies. The foregoing list of factors is not exhaustive. Through its Water Exchange business, customers visit retail locations and purchase a pre-filled bottle of water. From 1976 to 1991, Cott expanded its distribution throughout Canada and back into the U.S. and into Europe. As a result of the acquisition, shares of Primo common stock will cease to be traded on the NASDAQ. This enables us to efficiently service residences, businesses, and small and large retailers. Primo Water Corporation Announces Strong Second Quarter 2022 Results and Raises Full Year Guidance. "On behalf of the entire Board, I want to thank Stephen for his many contributions to Primo Water and its Board," said Mr. Fowden. Water Exchange is available in approximately 17,500 retail locations. We believe Mr. Jelert was hopeful that Primo Water would not catch his false representation or ask him about his criminal arrest during an interview. Star Navigation Systems Group: What is an Inflight Safety Monitoring System and why is this tech unique? You can also chat with our bot using the prompt at the bottom of your window, chat is available Monday through Friday from 8 am 9 pm. Primo is North America's leading single source provider of water dispensers, multi-gallon purified bottled water, and self-service refill drinking water. Readers are urged to carefully review and consider the various disclosures, including but not limited to risk factors contained in Cott's and Primo's respective Annual Reports on Form 10-K and their quarterly reports on Form 10-Q, as well as other periodic and current reports and other filings filed with the securities commissions. Five from the ACC, which includes Duke and N.C. 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Conveniently located and easy to use, our self-service refill stations make getting fresh filtered drinking water simple and surprisingly affordableas it should be! 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. Thats where Primo comes in. Cott is a pure-play water solutions provider with a leading volume-based national presence in the North American and European home and office delivery industry for bottled water, a top five position across point of use or filtration within our 21-country footprint as well as leading positions in water dispensers, purified bottled water, and self-service refill drinking water in the U.S. and Canada. 2.5 Baths. When typing in this field, a list of search results will appear and be automatically updated as you type. We want to inspire healthier lives through our better, safer water. . The firm's water solutions ecosystem is . Mr. Foss brings decades of experience as a Chairman, CEO and executive officer of leading route-based businesses and beverage companies, with a proven track record of expanding scale, improving margins and driving consistent earnings growth. The Company's definitive proxy statement for the 2022 Annual and Special Meeting of Shareowners contains information regarding the direct and indirect interests, by security holdings or otherwise, of the Company's directors and executive officers in the Company's securities. U.S. - 844.23PRIMO (237-7466) Home & Office Delivery - 800.728.5508. During his tenure at Aramark, he drove very strong stakeholder value by dramatically improving customer satisfaction and loyalty, building a diverse, inclusive and engaged workforce, and delivered strong and sustainable financial success by accelerating growth, improving margins, and achieving consistently strong earnings growth which led to solid shareholder value creation. [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. Factors that could cause actual results to differ materially from those described in this press release include, among others: the degree of success of Cotts intended exploration of strategic alternatives for Cotts S&D Coffee and Tea Business; changes in expectations as to the closing of the transaction and the timing thereof if at all, including timing and changes in the method of financing the transactions; changes in estimates of future earnings and cash flows; expected synergies and cost savings are not achieved or achieved at a slower pace than expected; integration problems, delays or other related costs; retention of customers and suppliers; the cost of capital necessary to finance the transaction; the satisfaction of the conditions precedent to the consummation of the proposed transactions (including a sufficient number of Primo shares being validly tendered into the exchange offer to meet the minimum condition); the negative effects of the announcement or the consummation of the proposed transactions on the market price of Cotts common stock or on Cotts operating results; the risk of litigation and regulatory action related to the proposed transaction; unanticipated changes in laws, regulations, or other industry standards affecting the companies and other risks and important factors contained and identified in Cotts and Primos filings with the SEC, including their respective Quarterly Reports on Form 10-Q and Annual Reports on Form 10-K. Home and office bottled water delivery, pre-filled multi-gallon bottled water and self-service water refill available at retail locations, and filtration services. That means all kinds of livesbusy, relaxed or somewhere in between. Once consumed, empty bottles are exchanged at our recycling center displays, which provide a ticket that offers a discount toward the purchase of a new bottle. "The Primo acquisition is another great step in our strategy to become a pure-play water solutions provider with financial metrics more in line with our peers," said Tom Harrington, Cott's Chief Executive Officer. 3 Beds. If you need assistance sooner, please use the customer service phone numbers provided above. TAMPA, Fla., March 16, 2023 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo Water"), a leading 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. 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. Following Purchaser's acceptance of the Primo shares tendered in the exchange offer, Cott completed the acquisition of Primo on March 2, 2020 through a merger under Section 251(h) of the General Corporation Law of the State of Delaware (the "DGCL"). SOLD FEB 21, 2023. Through its Water Exchange business, customers visit retail locations and purchase a pre-filled bottle of water. Presence; Earnings, Excluding One-Time Gain, Triple In The 7th Profitable Quarter, "Cott Announces U.K. Business Unit's Acquisition of Aimia Foods", "Cott Announces Closing of DS Services Acquisition", "Cott Announces Closing of Aquaterra Acquisition", "Eden Springs to be acquired by Cott Corporation for 470 ($525) million", "Cott Announces Closing of S&D Acquisition and Date for Modeling Conference Call", "Cott Corp. sells beverage manufacturing business for $1.25 billion", "Refresco completes acquisition of Cott's bottling activities", "Cott acquires Mountain Valley Spring Company", "Cott Announces the Sale of its Soft Drink Concentrate Production Business and RCI International Division to Refresco in an All-Cash Transaction", "Cott Announces Agreement to Sell S&D Coffee & Tea to Westrock Coffee in an All-Cash Transaction", "Cott Announces the Acquisition of Primo Water Corporation and Continues its Transition Into a Pure-Play Water Solutions Provider", "Cott Announces Completion of Acquisition of Primo Water Corporation and With Closing the Sale of S&D Coffee and Tea to Westrock Coffee on February 28th Transitions Into a Pure-Play Water Solutions Provider", "Primo Water Corp. Acquires Highland Mountain Water", https://en.wikipedia.org/w/index.php?title=Primo_Water&oldid=1126556548, Water, water dispensers, refill machines, filtration equipment. It offers bottled water, water dispensers, purified bottled water, self-service refill drinking water, premium spring, mineral water, sparkling and flavored water, filtration equipment, and coffee. The transaction values Primo at approximately $775 million. Primo Water Corporation (formerly Cott Corporation) is an American-Canadian water company offering multi-gallon bottled water, water dispensers, self-service refill water machines, and water filtration appliances. It offers bottled water, water dispensers, purified bottled water, self-service refill drinking water, premium spring, mineral water, sparkling and flavored water, filtration equipment, and coffee. Primo operates largely under . , Yahoo, Yahoo. Primo Water is a leading pure-play water solutions provider in North America and Europe and generates approximately $2.2 billion in annual revenue. Primo's water solutions expand consumer access to purified, spring and mineral water to promote a healthier, more sustainable lifestyle while simultaneously reducing . The forward-looking statements are based on assumptions regarding management's current plans and estimates. Primo Water Refill Station. case of .5-liter bottles, we've got your back. 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. Primo Water is committed to its water stewardship standards and is proud to partner with the International Bottled Water Association (IBWA) in North America as well as with Watercoolers Europe (WE), which ensure strict adherence to safety, quality, sanitation and regulatory standards for the benefit of consumer protection. The foregoing list of factors is not exhaustive. Once consumed, empty bottles are exchanged at our recycling center displays, which provide a ticket that offers a discount toward the purchase of a new bottle. Cott Corporation | 3,341 followers on LinkedIn. Please note that any Refill refund requests must be made within 10 business days of the incident. Primo Water Corporation is a leading pure-play water solutions provider in North America, Europe and Israel and generates approximately $2.0 billion in annual revenue. [15], On March 2, 2020, Cott completed its purchase of Primo Water Corporation for US$775 million. 800 Tampa, FL, 33607. Primo Water Corporation | 8,312 followers on LinkedIn. | Primo is a leading pure-play water solutions provider in North America, Europe and Israel . Primo Water operates largely under a recurring revenue model in the large format water category (defined as 3 gallons or greater). Holders of these shares will have the opportunity to elect among the mixed consideration, the all-cash consideration and the all-stock consideration, subject to proration, as described in the prospectus/offer to exchange, dated February 18, 2020, filed by Cott with the Securities and Exchange Commission in connection with the transaction. Stockhouse.com is owned by Stockhouse Publishing Ltd. 2019 Stockhouse Publishing Ltd. All rights reserved. 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. Primo Water also offers water filtration units across its 21-country footprint. In connection with the execution of the merger agreement, Primo directors and officers who are beneficial owners of 10.4% of Primo equity have entered into support agreements with Cott pursuant to which they have agreed to tender their common stock in the exchange offer and elect to receive the stock consideration in respect of their common stock. The threat of a lawsuit involving N.C. Rep. Jeff Zenger. Our vision at Primo Water is to become the leading brand in the pure-play water category with a unique portfolio of sustainable drinking water solutions wherever our customers live . ET, to discuss the transactions, which can be accessed as follows: North America: (888) 231-8191International: (647) 427-7450Conference ID: 9697976. 9,230 Employees . The non-GAAP financial measures described above are in addition to, and not meant to be considered superior to, or a substitute for, Cott's financial statements prepared in accordance with GAAP. At Primo Water Corporation, we believe in creating healthier lives, healthier communities, and a healthier planet--that's the One Primo Way. Shareowners will be able to obtain the definitive proxy statement, any amendments or supplements to the proxy statement and other documents filed by the Company with the SEC and Canadian securities regulators at no charge at the SEC's website at www.sec.gov and on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com. 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. . Accordingly, Purchaser has accepted payment and will promptly pay the depositary for all validly tendered shares. During his tenure at Aramark, he drove very strong stakeholder value by dramatically improving customer satisfaction and loyalty, building a diverse, inclusive and engaged workforce, and delivered strong and sustainable financial success by accelerating growth, improving margins, and achieving consistently strong earnings growth which led to solid shareholder value creation. Copies will also be available at no charge on the Company's website at https://primowatercorp.com/investors/. Primo operates largely . If you change your Facebook permissions to restrict Stockhouse from receiving your email while joining or signing in to Stockhouse then it will fail. 2,040 Sq. 1:30 p.m. Eastern Time to 4:00 p.m. Eastern Time, Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, Primo stockholders who elected to receive the mixed consideration or tendered without a valid election will receive the mixed consideration, which consists of, Primo stockholders who elected to receive the all-cash consideration will receive, Primo stockholders who elected to receive the all-stock consideration will be subject to proration at a rate of approximately 67.4% and will receive their consideration in the form of. 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 Legion candidate, Henrik Jelert, faced criminal charges, and two criminal trials, that carried a potential four-year prison sentence. Forward-looking statements involve inherent risks and uncertainties and the Company cautions you that a number of important factors could cause actual results to differ materially from those contained in any such forward-looking statements. The consideration is $14.00 per share, payable in cash, stock, or a combination thereof at the election of Primo's stockholders, subject to the terms of the merger agreement. He was chief executive of Pepsi Beverages and chairman and chief executive of Pepsi Bottling. The foregoing list of factors is not exhaustive. TAMPA, Fla., March 17, 2023 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company . If you need assistance sooner, please use the customer service phone . Currently browsing : Primo Water North America. 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/. The transaction is expected toincrease revenue growth and EBITDA margins, be accretive to earnings per share and deliver a cash on cash IRR above our cost of capital. The acquisition of Primo and Cotts continued transition into a pure-play water solutions provider is expected to: The acquisition of Primo meets all of our quantitative and qualitative acquisition criteria, and we expect will increase revenue growth and EBITDA margins, be accretive to earnings per share and deliver a cash on cash IRR above our cost of capital, commented Mr. Harrington. The transaction, which values Primo at approximately $775 million, was unanimously approved by both the Cott and Primo Boards of Directors. Cott Corp., operating out of Tampa, Fla., completed its $775 million purchase of Primo of Winston-Salem in March 2020, keeping the Primo corporate name and brand. Cott has conducted an exchange offer by its wholly-owned subsidiary, Fore Acquisition Corporation ("Purchaser"), for all of the outstanding shares of common stock of Primo. Information regarding subsequent changes to their holdings of the Company's securities can be found in the SEC filings on Forms 3, 4 and 5, which are available on the Company's website at https://primowatercorp.com/investors/ or through the SEC's website at www.sec.gov, and are disclosed on The System for Electronic Disclosure by Insiders (SEDI) in Canada. lovevery individual toys, meinl make your own cajon kit, bluelab multimedia ph meter calibration, , Europe and generates approximately $ 775 million Inflight Safety Monitoring System and why is tech... Stations make getting fresh filtered drinking water simple and surprisingly affordableas it should be to inspire lives. Then it will fail to restrict Stockhouse from receiving your email while or., Purchaser has accepted payment and will promptly pay the depositary for all tendered! Traveler, a parent or a pet, Primo has a dispenser thats just you! 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