ITALY: Sorgente Santa Croce to be acquired by Italian mogul - report
By just-drinks.com editorial team | 28 November 2007
The Italian Faroni family has plans to sell its spring water bottling business to local entrepreneur Camillo Colella.
Water bottler Sorgente Santa Croce, which currently takes up 15% of the mineral water market in central and southern Italian regions, was cited by ANSA yesterday (27 November) confirming that the sale to Colella will be "formalised" by the end of the year.
Following the acquisition, Colella, who already controls the Castellina mineral water bottling firm, will have the capacity to annually bottle over 600m litres of mineral water.
The impending sale will reportedly make Colella one of the largest entrepreneurs in the sector.
Sectors: Soft drinks, Water
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ITALY: Sorgente Santa Croce to be acquired by Italian mogul - report
28 Nov 2007 -
There is currently 1 comment on this article
I am sending this comment from Ontario in canada.
I have a loyal customer of mine who shops in my retail establishment weekly and has recently returned from Italy where she experienced this water .
She would like to know where in Ontario if anyplace she may be able to purchase this water.
I would appreciate a reply asap.
Thanks
Vince
Vince Longo said at 5:38 pm, May 10, 2008
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