Cott Corporation announced its U.K. subsidiary, Cott Beverages Ltd., has acquired 100% of the shares of Macaw (Holdings) Ltd., the parent company of Macaw (Soft Drinks) Ltd., for approximately $135 million (75.7 million pounds).
According to Cott, Macaw is the largest privately-owned manufacturer of retailer-brand carbonated soft drinks in the United Kingdom. Its assets include six production lines -- four carbonated soft drink, one dilute-to-taste, and one aseptic -- in two manufacturing plants located in Nelson, Lancashire.