Nestle Waters has taken full control of French Home & Office Delivery (HOD) countepart, Saphir.

As with all companies joining the group, Saphir will now market Nestle Waters Aquarel brand.

Nestle Waters took a 33% stake in Montpellier-based Saphir in October 2002 and has now raised its shareholding to 100%.

Saphir, which markets the Opalia brand, has an annual turnover of  €12m and employs 120 staff.

Nestle Waters is now the second biggest operator on the French water cooler market distributing units over the whole of France from a network of 25 warehouses.

The full purchase of Saphir follows two other acquisitions in France over the past couple of years- RB Diffusion and Aquacool.

While the HOD distribution channel only represents a small share of the overall bottled water market, it is currently recording  annual growth of 10 to 15%.