Angel Springs acquires water cooler base of Aqua Express
Angel Springs, a UK-based water cooler service provider, has acquired the entire water cooler base of Aqua Express for an undisclosed amount.
Supported by UK-based private equity provider LDC, the transaction marks the fifth acquisition of Angel Springs in the last 18 months.
The acquisition goes in-line with Angel Springs' existing distribution center operation in East Kilbride and also gives it an established presence in the Scottish market, where it strives to expand its customer base.
Having secured over 7,500 organic customers in 2012, Angel Spirits aims to increase that number and also increase its service distribution efficiencies with the current acquisition of Aqua Express.
Angel Springs managing director John Dundon said: "Fundamentally and in spite of the difficult economic outlook, we are continuing to drive organic and acquisitive growth whilst maintaining our reputation as a premium-standard, high quality, national water cooler service provider."
LDC investment director Alistair Pendleton said: "The deal brings many strategic and operational benefits to the business, and represents an exciting growth opportunity for Angel Springs as they look to build further upon their existing presence in Scotland."
Angel Springs supplies and services over 53,000 bottled water coolers and mains-fed water coolers across the UK. It also provides and maintains nearly 2,000 bottled and mains fed water coolers throughout Scotland.
Related Insight
Suppliers Directory
Non-alcoholic Fruit Juice Energy & Sports Drinks Dairy Hot Drinks Soft Drinks Bottled Water
Technology Packaging Process Technology
Markets & Regulations Markets Regulatory & Safety
Process Technology Intelligence
Until recently, the beverages market was divided simply between alcoholic and non-alcoholic beverages. As consumers’ tastes grew more sophisticated and demand surged for a variety of beverage options catering to lifestyle changes and health concerns, the beverages industry has responded with a dizzying array of options to choose from. This report focuses on the U.S. and world markets for beverages across several broad categories. For the purposes of this study, TriMark Publications has divided the global beverages markets into the following product segments include: 1) alcoholic beverages such as wines, beers and spirits; 2) non-alcoholic beverages such as bottled water and milk; 3) brewed beverages such as coffees and teas; 4) carbonated beverages such as sodas and soft drinks; 5) non-carbonated juice products both fresh and pre-packaged; and 6) energy drinks which are generally caffeinated beverages in both carbonated and non-carbonated forms. For each market segment, this study presents the latest information on size, growth rates, sales projections and factors influencing growth in the U.S. and internationally. Buy online from $449
Comments may be moderated for spam, obscenities or defamation.