Acquisitions (Tables)

3 Months Ended

Mar. 31, 2018

Business Combination Transfer Purchase Price Consideration

The total purchase price paid by Cott in the Crystal Rock Acquisition is summarized below:


(in millions of U.S. dollars)
Cash paid to sellers	$	20.7
Cash paid on behalf of sellers for sellers’ transaction expenses		0.8

Total consideration	$	21.5

Allocation of Purchase Price to Fair Value of Assets Acquired and Liabilities Assumed

The table below presents the preliminary purchase price allocation of the estimated acquisition date fair values of the assets acquired and liabilities assumed:


(in millions of U.S. dollars)	Acquired Value
Cash	$	1.6
Accounts receivable		6.5
Inventory		2.3
Prepaid expenses and other assets		1.2
Property, plant & equipment		9.4
Goodwill		16.7
Intangible assets		13.3
Other assets		0.8
Short-term borrowings		(4.1	)
Current maturities of long-term debt		(1.6	)
Accounts payable and accrued liabilities		(5.2	)
Long-term debt		(10.4	)
Deferred tax liabilities		(6.5	)
Other long-term liabilities		(2.5	)

Total	$	21.5

Components of Identified Intangible Assets and Estimated Weighted Average Useful Lives

The following table sets forth the components of identified intangible assets associated with the Crystal Rock Acquisition and their estimated weighted average useful lives:


(in millions of U.S. dollars)	Estimated Fair Market Value		Estimated Useful Life
Customer relationships	$	9.4		11 years
Trademarks and trade names		3.9		Indefinite

Total	$	13.3