Cott to Acquire Sidel Water Bottling Equipment ; New bottling equipment cost effective, environmentally friendly
1P2-15223062
Publication: CCNMatthews Newswire
Date: 2008-01-31 00:00:00
TORONTO, CANADA--(Marketwire - Jan. 31, 2008) - Cott Corporation (NYSE:COT)(TSX:BCB) and GE Commercial Finance (NYSE:GE) today announced that they have signed and executed a lease financing agreement for blow molding and water bottling equipment manufactured by Sidel Group.
Under the terms of the agreement, GE Commercial Finance will provide US $31.4 million in financing for water bottling equipment and lease the equipment to Cott over an eight-year term. In addition, Cott expects to expend approximately US $8.6 million on civil works, ...
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