Florida-based Primo Water Corporation has announced the acquisition of all the assets of fellow bottled water producer Crystal Spring Water Company, which is based in Rhode Island.
According to Primo Water Corporation, the purchase will allow it to increase its distribution in both Rhode Island and South-eastern Massachusetts, where Crystal Spring Water Company’s products are already present.
Tom Harrington, CEO of Primo Water Corporation, said: “Crystal Spring Water Company offers high-quality spring water solutions and delivers superior customer service that aligns with our mission of inspiring healthier lives through water your way. We are excited to welcome these customers and associates to our Primo family”.
Primo Water Corporation will reportedly get around 2,500 new customers with the deal.
Financial details were not disclosed.
Source: Primo Water Corporation (via PR NewsWire)