Coldwater Springs Bottling Company
An Alabama-based 20 year old bottling plant that was no longer operating.
After operating for over 20 years and developing a broad customer base, the ownership of Coldwater Springs Bottling Company made the decision to shut down the plant after losing several key accounts. A few months after shutting down the facility, Equity Partners was retained to look for a possible acquisition of the plant.
Equity Partners quickly ramped up and ran an international marketing campaign, ensuring no stone was left unturned. Shortly after being retained, we had over 100 groups looking at the facility as a possible acquisition and were able to quickly move to a closing.
Several offers were made to acquire both the equipment and facility. Ultimately, a very lively auction was held that resulted in the sale of the building and equipment to Lasco Limited, a Jamaica-based manufacturing company.