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Acquisitions (Tables)

12 Months Ended

Dec. 31, 2021

Acquisitions

Summary of total consideration

​

​	​	​	​
(Thousands)		​	​
Cash paid to Cott Corporation	​	$	397,878
Cash paid on behalf of sellers for sellers’ transaction expenses	​	​	5,241
Post-close working capital adjustments	​	​	(1,500)
Total Consideration	​	$	401,619

Summary the purchase price allocation of the assets acquired, and liabilities assumed

​

​	​	​	​
(Thousands)		Acquired Value
Cash and cash equivalents	​	$	8,282
Accounts receivable	​	​	57,818
Inventory	​	​	67,297
Prepaid expenses and other current assets	​	​	1,810
Property, plant and equipment	​	​	92,369
Goodwill	​	​	159,320
Intangible assets	​	​	142,920
Other assets	​	​	3,319
Accounts payable and accrued liabilities	​	​	(87,216)
Long-term debt	​	​	(147)
Deferred tax liabilities	​	​	(42,168)
Other long-term liabilities	​	​	(1,985)
Total	​	$	401,619

Summary components of identified intangible assets

​

​	​	​	​	​	​	​
​		Estimated Fair			Estimated Useful
(Thousands)	​	Market Value		​	Life
Customer relationships	​	$	137,500	​	​	20 years
Trademark (Note 3)	​	​	5,200	​	​	Indefinite
Favorable lease asset	​	​	220	​	​	5 years
Total	​	$	142,920	​	​	​

Summary of proforma results

​

​	​	​	​
​	​	Year Ended
(Thousands, except per unit amounts)		December 31, 2020
Revenue	​	$	647,935
Net loss attributable to common shareholders	​	​	(138,896)
Net loss per common shareholder	​	​	(4.06)

X

- Definition

Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

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