Eden Springs Bought By Cott for $535M

June 7, 2016 | US soft drink manufacturer Cott is acquiring Eden Springs, the parent company of Israeli mineral water producer Mey Eden, for $535 million (NIS 2 billion) from Rhone Capital. The merged company will be the world’s leading water and coffee solutions platform. Cott has over 9,500 employees, with business in the US, Canada, Mexico, and the UK. The company exports soft drink concentrates to over 50 countries. The Eden Springs acquisition will bring its business turnover to $3.5 billion. Completion of the deal is slated for the third quarter of the year. Eden Springs has a customer base consisting of more than 800,000 business and private customers in 18 countries, with a million water and coffee machines. The company has over 3,200 employees, with business in Israel and Europe, including 28 production plants, 150 branches, and a fleet of over 1,150 service vehicles.