Beverage firm sells coffee, tea operations for $405 million

The move continues Tampa-based Cott Corp.’s shift to a water-only company.

  • By Business Observer Staff
  • | 11:43 a.m. February 4, 2020
Cott Corp. CEO Tom Harrington is leading the beverage company's shift toward dealing only in water. Courtesy photo.
Cott Corp. CEO Tom Harrington is leading the beverage company's shift toward dealing only in water. Courtesy photo.
  • Tampa Bay-Lakeland
  • Share

TAMPA — Cott Corp. has sold its S&D Coffee & Tea division for $405 million to North Little Rock, Ark.-based Westrock Coffee Co. LLC. The deal is expected to close in the first quarter, subject to regulatory approval.

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news
Subscribe

Already subscribed? Sign in.

Latest News

  • April 1, 2026
Work starts on Naples apartments as developer secures $45M in financing
  • April 1, 2026
$300K Bradenton EDC contract up for vote in Manatee
  • April 1, 2026
27 Gulf Coast companies ranked among fastest growing in Southeast
  • April 1, 2026
Tampa tire store franchisor rolls into new brands, buys a restaurant

Sponsored Content