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Synopsis
Cott, a beverage services provider, acquired Eden Springs, a leading European direct-to-consumer services provider specializing in home and office delivery water, office coffee services and filtration for €470m ($534m). "The Eden acquisition further accelerates Cott's diversification and is another great step in our stated strategy to pursue opportunities in the higher margin home and office water delivery, coffee, tea and filtration categories where we believe we can leverage our platform and operating strength to drive synergies and build shareholder value." Jerry Fowden, Cott's Chief Executive Officer.
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