Clearly Canadian Beverages Signs Bottling Deal with Cott Corporation
This allows us to team up with one of the largest beverage bottling and retailing organizations in the world. With this agreement, we will begin producing and delivering our popular drinks in a cost effective manner.
28/08/08 Clearly Canadian Brands announced that it has signed an agreement with Cott Corporation, the largest private bottling group in the world, to bottle Clearly Canadian Beverages in 20 oz and 1 L PET. Under the terms of the agreement, Cott Corporation will bottle Clearly Canadian sparkling flavored waters at strategically located Cott facilities for distribution throughout North America. In addition, the Company will continue to sell its traditional glass bottles.
Stated Bobby Genovese, CEO of Clearly Canadian Brands, “We are pleased to have signed an agreement with Cott Corporation. This allows us to team up with one of the largest beverage bottling and retailing organizations in the world. With this agreement, we will begin producing and delivering our popular drinks in a cost effective manner, resulting in a more profitable business model and better pricing for the consumer. By utilizing all of the benefits afforded by working with a world class bottler, we believe we are on track to once again assume a branded leadership position in the large sparkling flavored beverage category.”
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