Pure Beverages

Saudi Arabia based dairy firm Almarai has announced that it has signed an agreement to acquire Pure Beverages, a drinking water company based in Saudi Arabia, for 1.040 billion ($277 million). Founded in 1979, Pure Beverages Industry Company claims to produce “bottled water of exceptional quality”, running “high-tech” production plants that align with global standards. The bottled waters it sells are marketed under the brands Ival and Oska. In a statement, Almarai said: …