US/CANADA: Ice River Springs agrees Arrowhead Water acquisition
By Andy Morton | 15 January 2013
Ice River Springs Water is to buy the assets of Canada's Arrowhead Water for US$1.65m.
The Canadian spring water bottler took over Arrowhead's 15-litre bottling operations in November and is now exercising a previously announced Right of First Refusal Agreement, Arrowhead said yesterday (14 January). The deal should close on 15 February subject to regulatory approval, it added.
Ice River will continue to deliver Arrowhead's natural spring and reverse osmosis water to the Western Canadian retail and wholesale market, Arrowhead said.
Ice River is based in Shelbourne, Ontario, and operates ten plants in Canada and the US.
This story was updated at 2pm on 16 January to remove a line that said Arrowhead Water was owned by Nestle Waters. Arrowhead Water is a Canadian firm and not connected to Nestle Waters-owned Arrowhead in the US. We apologise for any inconvenience caused.
Expert analysis
2012 Bottled Water in the U.S.
This definitive report on the second largest beverage category by volume considers every aspect of this increasingly controversial category and its competitive circumstances. Its detailed analysis covers regional and state markets as well as packaging, distribution, advertising, demographics and more.
Sectors: Mergers & acquisitions, Water
View next/previous articles
15 Jan 2013 -
Currently reading -
US/CANADA: Ice River Springs agrees Arrowhead Water acquisition
Related research
Nestle SA (NESN) - Financial and Strategic SWOT Analysis Review
Nestle SA (Nestle) is one of the world's leading nutrition, health and wellness companies. Being the holding company of the Nestle Group, it operates through its subsidiaries, associated companies and joint ventures across the world. The company has ...
Nestle Pakistan Limited: Consumer Packaged Goods Company Profile, SWOT & Financial Report
Canadean's "Nestle Pakistan Limited: Consumer Packaged Goods Company Profile, SWOT & Financial Report" contains in depth information and data about the company and its operations. The profile contains a company overview, business description, competi...
2012 Bottled Water in the U.S.
This definitive report on the second largest beverage category by volume considers every aspect of this increasingly controversial category and its competitive circumstances. Its detailed analysis covers regional and state markets as well as packagin...
Related articles
just the Facts - Diageo's Next CEO, Ivan Menezes
Last week, Ivan Menezes was confirmed as Paul Walsh's successor as Diageo CEO. The 53 year-old, currently the group's chief operating officer, will replace Walsh in the top job on 1 July. Here just-drinks takes a look at India-born Menezes' career to date:
FRANCE: Nestle Waters receives “expressions of interest” in regional brands
Nestlé Waters has received "expressions of interest" in the three French regional mineral water brands that make up its Société Française des Eaux Régionales (SFER) unit.
There are currently no comments on this article
Be the first to comment on this article