One of the largest coffee companies in the United States, North Carolina-based S&D Coffee & Tea has been acquired by the Canadian beverage company Cott Corporation. The purchase price was approximately $355 million, according to a Street Insider report. Jerry Fowden, Cott’s Chief Executive Officer said, “After closing the S&D acquisition, we will have a leading position in the coffee and tea foodservice industry
S&D Coffee & Tea acquired by beverage Giant Cott corporation
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