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Bullboard - Stock Discussion Forum Primo Water Corp T.PRMW

Alternate Symbol(s):  PRMW

Primo Water Corporation is a pure-play water solutions provider that operates under a recurring revenue model in the large format water category. This business strategy is referred to as razor-razorblade. Its Razorblade offering includes Water Direct, Water Exchange, and Water Refill. Through its Water Direct business, it delivers sustainable hydration solutions direct to customers, whether at... see more

TSX:PRMW - Post Discussion

Primo Water Corp > Primo Water Announces Closing of the Sale
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Post by Betteryear2 on Jan 02, 2024 10:11am

Primo Water Announces Closing of the Sale

Robbert Rietbroek Commences as Chief Executive Officer and Joins the Board Of Directors

TAMPA, FLJan. 2, 2024 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo Water"), a leading provider of sustainable drinking water solutions in North America, today announced that it has closed the previously announced sale of a significant portion of Primo Water's International businesses in an all-cash transaction (the "Transaction") for $575 million.  The Transaction excluded the Aimia Foods, United KingdomPortugal, and Israel businesses, but each of these will be sold across 2024.

Primo Water Announces Closing of the Sale of Signifigant Portion of Its International Business (prnewswire.com)

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