The El Riego assets will provide production capabilities in the fast growing non-carbonated beverage segments new to Cott in Mexico. Cott's Mexican portfolio of mostly carbonated soft drinks has experienced strong double-digit volume growth over the past three years. This acquisition will enable the Company to increase its offerings in one of the fastest-growing beverage categories. The El Riego acquisition will also facilitate the Company's plans to expand its geographic presence in the Mexican market.
"This is a small but strategic acquisition for Cott," said Wynn Willard, president, International. "In keeping with our international business strategy, the El Riego operation is a prudent investment that will greatly improve our ability to service our customers with an expanded portfolio of high-growth beverages."