M&A Deal Summary

Westrock Coffee Acquires S&D Coffee

On January 31, 2020, Westrock Coffee acquired consumer products company S&D Coffee from Primo Water

Acquisition Highlights
  • This is Westrock Coffee’s 1st transaction in the Consumer Products sector.
  • This is Westrock Coffee’s 1st transaction in the United States.
  • This is Westrock Coffee’s 1st transaction in North Carolina.

M&A Deal Summary

Date 2020-01-31
Target S&D Coffee
Sector Consumer Products
Buyer(s) Westrock Coffee
Sellers(s) Primo Water
Deal Type Divestiture

Target

S&D Coffee

Concord, North Carolina, United States
S&D Coffee, Inc. is the largest coffee and tea manufacturer and supplier to restaurants and convenience stores in America. S&D is also a major producer of liquid extracts. In continuous operation since 1927, the S&D Coffee serves over 110,000 customers through national distribution and direct store delivery.

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Buyer(S) 1

Buyer

Westrock Coffee

North Little Rock, Arkansas, United States

Category Company
Founded 2009
Sector Agriculture
DESCRIPTION

Westrock Coffee is a farmer-focused, fully integrated company providing coffee sourcing and financing, supply chain management, roasting, packaging, and distribution services to customers around the world. Westrock Coffee was founded in 2009 and is based in North Little Rock, Arkansas.


DEAL STATS #
Overall 1 of 2
Sector (Consumer Products) 1 of 1
Type (Divestiture) 1 of 1
State (North Carolina) 1 of 1
Country (United States) 1 of 2
Year (2020) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-28 Bixby

Los Angeles, California, United States

Bixby is a specialty-grade roaster that is an emerging influencer-led brand space. Bixby was founded in 2017 and is based in Los Angeles, California.

Buy -

Seller(S) 1

SELLER

Primo Water

Tampa, Florida, United States

Category Company
Founded 1955
Sector Beverages
Employees9,230
Revenue 1.8B USD (2023)
DESCRIPTION

Primo Water provides pure-play water solutions for residential and commercial customers. It offers bottled water, water dispensers, purified bottled water, self-service refill drinking water, premium spring, mineral water, sparkling and flavored water, filtration equipment, and coffee. Primo Water was founded in 1955 and is based in Tampa, Florida.


DEAL STATS #
Overall 3 of 4
Sector (Consumer Products) 1 of 1
Type (Divestiture) 3 of 4
State (North Carolina) 1 of 1
Country (United States) 3 of 4
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-18 WG America

Birdsboro, Pennsylvania, United States

WG America Co. (The Water Guy) is a provider of water solutions and office coffee service to residential and commercial customers. The Water Guy has become one of the largest independent distributors in the mid-Atlantic since its founding in 1990, growing its footprint and loyal customer base through organic growth and acquisitions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-26 Primo Water

Winston-Salem, North Carolina, United States

Primo Water is a provider of three-and five-gallon purified bottled water, self-serve filtered drinking water, water dispensers and carbonating beverage appliances sold through major retailers in the United States and Canada. Primo is a Delaware corporation that was founded in 2004 and is headquartered in Winston-Salem, North Carolina.

Buy -