USA – Cott Corporation through its wholly-owned subsidiary DS Services of America has acquire substantially all the assets of Roaring Spring Water, in a deal that will strengthen its bottled water delivery services in the US.
Roaring Spring Water is a leading provider of water delivery services to homes and offices in Pennsylvania, Maryland and West Virginia since 1981.
Cott expects the acquisition to grow the customer base of DS Services by approximately 7,500 customers.
The deal will also add Crystal Springs offering to the DS Services brand including coffee and tea, sparkling water beverages from Sparkling Ice and premium water products such as Mountain Valley Spring.
“Roaring Spring Water shares our focus on offering high-quality products and delivering superior customer service and strengthens our footprint and customer density in the region,” said Dave Muscato, President of DS Services.
“We are excited to welcome the Roaring Spring Water customers and associates to the Crystal Springs family.”
Dan Hoover, owner of Roaring Spring Water added: “DS Services has a strong commitment to service and will continue to use the spring water from Roaring Spring, so they were a natural fit when deciding to sell the business.
While details of the transaction were not disclosed, the deal forms part of the company’s strategic process aimed at transitioning into a pure-play water solutions provider.
As part of the plan, Cott Corpoation announced that it is evaluating certain strategic alternatives for S&D Coffee and Tea, including a sale of the segment.
This has seen the company entered into a definitive agreement to acquire Primo Water Corporation in a deal that will see Cott rebrand its corporate name to Primo Water Corporation.
The newly created company will have in excess of US$2.0 billion in combined water sales and a presence in 21 countries worldwide supported by a number of recent acquisitions.
To strengthen this agenda, Cott Corporation through its wholly-owned subsidiary, Eden Springs acquired a leading supplier of bottled water and point-of-use filtration services in the Netherlands, Viteau International.
Eden Springs has also bought the Watercooler Gigant business of Leylines. Watercooler Gigant is an e-commerce platform in the Netherlands and supplies bottled water coolers and filtration solutions.
DS Services of America recently acquired “substantially all of the assets” of WG America Company and certain affiliated companies, The Water Guy.