A North-east fizzy drink company is as good as sold after the buyer wrapped up a near- £1 billion international takeover deal.
Rotterdam-based Dutch company Refresco has snapped up a chunk of the business of US drinks giant Cott, nearly doubling its production capacity and now employing more than 9,500 people at 59 sites in 12 countries.
The £935 million deal included Cott Macduff, previously known as Sangs.
Cott acquired Sangs – the Macduff-based firm behind the macb range of still and sparkling flavoured water, as well as the recently axed Moray Cup fizzy drink – in March 2012, rescuing it from administration.
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Dutch drinks firm takes on North-east company behind Moray Cup