Tampa bottled water company hits back at activist investor’s criticism

Primo Water Corp. says Legion Partners Asset Management LLC has "failed to meaningfully engage with the company."

By Brian Hartz
| 1:00 p.m. April 4, 2023

Tampa Bay-Lakeland

In proxy materials filed with the U.S. Securities and Exchange Commission prior to its May 3 annual meeting, Primo Water Corp. (NYSE: PRMW), a publicly traded company headquartered in Tampa, has lashed out at Los Angeles-based Legion Partners Asset Management LLC, an investment firm that owns a small portion of Primo’s outstanding shares, in response to Legion’s criticism of Primo’s financial performance.