Primo Water to merge with Poland Spring parent company BlueTriton Brands

Under the agreement, shareholders of both companies will exchange their shares for shares in a new holding company. Primo Water shareholders are expected to hold a 43 per cent stake in the combined company, while BlueTriton shareholders will own 57 per cent.

The combined company is expected to be dual headquartered in Tampa, Fla., and Stamford, Conn., with Dean Metropoulos, the current chair of BlueTriton to serve as non-executive chair. Robbert Rietbroek, the current chief executive of Primo Water, will serve as chief executive of the combined company,Primo Water used to be called Cott Corp.

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Primo Water to merge with Poland Spring parent company BlueTriton BrandsTORONTO — The companies behind bottled water brands Mountain Valley and Pure Life are combining. Primo Water Corp. has signed a deal to merge with BlueTriton Brands Inc.
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