Natural spring water company BlueTriton Brands has announced the completion of the acquisition of certain assets of Saratoga Spring Water Company (SSWC).
Founded in 1872, Saratoga Spring Water Company bottles natural spring water from Saratoga Spring selling throughout the United States and internationally.
“We are thrilled to welcome Saratoga Spring Water Company’s products into the BlueTriton family,” said Tony W. Lee, managing partner of One Rock Capital Partners, LLC and a member of the board of directors of BlueTriton. “As a leader in the premium spring water segment, the SSWC business enables us to expand our brand offerings and access a national, upscale beverage market that will contribute to BlueTriton’s strategic growth and success.”
“We believe BlueTriton’s leadership and resources will position SSWC’s products for growth while enabling the company to continue producing the high-quality, premium products we are known for,” said Adam Madkour, the CEO and sole shareholder of SSWC.
Financial terms of the transaction were not disclosed.
Source: PR Newswire