Article · Wikipedia archive · Last revised May 30, 2026

Primo Brands

Primo Brands Corporation is an American-Canadian water company offering multi-gallon bottled water, water dispensers, self-service refill water machines, and water filtration appliances. The company is headquartered in Tampa, Florida, and services residential and commercial customers across the United States, Canada, Europe and Israel.

Last revised
May 30, 2026
Read time
≈ 5 min
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Citations
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Wikipedia ↗
Primo Brands Corporation
Formerly
  • BlueTriton Brands
  • Primo Water Corporation
Company type
Public
IndustryWater supply
FoundedNovember 2024, 8 (8-11-2024) (as Primo Brands Corporation)
HeadquartersTampa, Florida, U.S. (Corporate hub)
Stamford, Connecticut, U.S. (Operational center)
Area served
United States and Canada
Key people
ProductsWater, water dispensers, refill machines, filtration equipments
ServicesHome and office water delivery, pre-filled multi-gallon, bottled water, self-service water refill, filtration
RevenueIncrease US$6.66 billion (Fiscal Year Ended December 31, 2025)
Increase US$432.2 million (Fiscal Year Ended December 31, 2025)
Increase US$80.4 million (Fiscal Year Ended December 31, 2025)
Total assetsIncrease US$10.602 billion (Fiscal Year Ended December 31, 2025)
Total equityIncrease US$2.992 billion (Fiscal Year Ended December 31, 2025)
Number of employees
13,700 (December 31, 2024)
Websiteprimobrands.com
Footnotes / references
1

Primo Brands Corporation (previously known as Cott Corporation) is an American-Canadian water company offering multi-gallon bottled water, water dispensers, self-service refill water machines, and water filtration appliances. The company is headquartered in Tampa, Florida, and services residential and commercial customers across the United States, Canada, Europe and Israel.

Founding

Cott Beverage Corporation was founded in 1923 by Solomon Cott, a Polish immigrant, with his sons Harry, Barney, Jack and Albert in Port Chester, New York. Harry Pencer, a clothier from Montreal, Quebec, began to import Cott sodas into Quebec in 1952. In 1955, Pencer acquired the Canadian rights to the Cott label and established Cott Beverages (Canada) Ltd., to bottle the Cott line of sodas. From 1976 to 1991, under the leadership of his son Gerry Pencer, Cott expanded its distribution throughout Canada and back into the U.S. and into Europe.2 In 1969, the name was changed to Cott Beverages Ltd., and in 1991 to Cott Corporation.3

Acquisitions

In October 2000, Concord Beverages, with its Vintage brand seltzer water, was acquired from Honickman Group.4 In July 2010, Cott announced its acquisition of Cliffstar Corporation, a US supplier of store-supplied and made juice beverages.5

Beginning in 2014, Cott expanded via acquisitions predominantly in the bottled water industry and exited the carbonated beverages business. In May 2014, Cott completed the acquisition of Aimia Foods (Holdings) Limited, a privately held producer and distributor of hot chocolate, coffee and powdered beverages, hot and cold cereal products located in Merseyside, United Kingdom.6 In December 2014, Cott completed the acquisition of DSS Group, Inc. a bottled water and coffee direct-to-consumer home and office delivery services provider in the United States. The aggregate consideration was approximately $1.25 billion.7

In January 2016, Cott completed the acquisition of Aquaterra, a Canadian bottled water and coffee delivery services provider, for approximately C$62 million.8 Eight months later, Cott acquired Eden Springs, a European water and coffee deliverer, for approximately €470 million,9 and premium coffee roaster S&D Coffee and Tea, for approximately $355 million.10

On January 30, 2018, Cott sold its carbonated soft drinks and juice bottling businesses to Refresco for US$1.25 billion.11 The transaction included the Cott business units in North America, the UK and Mexico.12 That October, Cott announced the acquisition of Mountain Valley Spring Company from Great Range Capital for $78.5 million13 The next February, Cott announced the sale of its soft drink concentrate production facility and RCI International division to Refresco for US$.25 billion.1415

In January 2020, Cott sold S&D Coffee and Tea to Westrock Coffee Company, LLC for US$405 million.14

On March 2, 2020, Cott completed its purchase of Primo Water Corporation for US$775 million.16 As part of the purchase agreement, Cott rebranded as Primo Water Corporation and changed its ticker symbols to NYSE:PRMW and TSX:PRMW.17

In July 2022, Primo Water Corporation acquired Georgia-based Highland Mountain Water for an undisclosed sum.18

On November 4, 2024, Primo Water announced the merging with BlueTriton Brands (Nestlé Waters' North America subsidiary). The new company is now known as Primo Brands Corporation with the merger expected for closing on the 8th of the same month.19

References

References

  1. "Primo Brands Reports 2025 Fourth Quarter And Full Year Results". Primo Brands Corporation. February 26, 2026. Retrieved April 25, 2026.
  2. History of Cott Corporation – FundingUniverse. Fundinguniverse.com. Retrieved on July 24, 2012.
  3. Cott Corporation (March 7, 2001). "Form 10-K" (filing for the United States Securities and Exchange Commission). Retrieved September 16, 2011.
  4. Cott Corporation Has Acquired Honickman Group's Concord Beverage To Strengthen U.S. Presence; Earnings, Excluding One-Time Gain, Triple In The 7th Profitable Quarter. Findarticles.com. Retrieved on July 24, 2012.
  5. Friend, David (July 8, 2010). "Analyst applauds Cott's acquisition". The Star. Toronto.
  6. "Cott Announces U.K. Business Unit's Acquisition of Aimia Foods" (Press release). Marketwired. May 30, 2014.
  7. "Cott Announces Closing of DS Services Acquisition" (Press release). Marketwired. December 12, 2014. Archived from the original on July 3, 2015. Retrieved September 14, 2019.
  8. "Cott Announces Closing of Aquaterra Acquisition" (Press release). Marketwired. January 5, 2016. Archived from the original on March 7, 2016. Retrieved September 14, 2019.
  9. "Eden Springs to be acquired by Cott Corporation for €470 ($525) million". Florida Trend. May 8, 2016. Retrieved December 4, 2018.
  10. "Cott Announces Closing of S&D Acquisition and Date for Modeling Conference Call" (Press release). Marketwired. August 11, 2016. Archived from the original on April 6, 2018. Retrieved September 14, 2019.
  11. Griffin, Justine (July 25, 2017). "Cott Corp. sells beverage manufacturing business for $1.25 billion". Tampa Bay Times. Retrieved November 21, 2019.
  12. Arthur, Rachel (January 31, 2019). "Refresco completes acquisition of Cott's bottling activities". Beverage Daily. Retrieved November 21, 2019.
  13. Schultz, Clark (October 15, 2018). "Cott acquires Mountain Valley Spring Company". Seeking Alpha. Retrieved July 15, 2019.
  14. "Cott considering sale of its coffee and tea business to focus on water". CityNews Calgary. January 8, 2020. Retrieved January 5, 2025.
  15. "Cott Corp shares drop as it reports bigger than expected net loss". The Canadian Press. May 2, 2019.
  16. "Cott Announces the Acquisition of Primo Water Corporation and Continues its Transition Into a Pure-Play Water Solutions Provider". GlobeNewswire News Room (Press release). Primo Water. January 13, 2020. Retrieved January 14, 2021.
  17. "Cott Corporation completed the acquisition of 82.2% stake in Primo Water Corporation from directors, officers and others for approximately $470 million". www.marketscreener.com. February 28, 2020. Retrieved January 5, 2025.
  18. "Primo Water Corp. Acquires Highland Mountain Water". MarketWatch. Archived from the original on July 21, 2022. Retrieved July 21, 2022.
  19. "Primo Water Announces Shareowner Approval of Merger with Bluetriton Brands". November 5, 2024. Archived from the original on February 11, 2025.
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