UK: Highland Spring acquires Gleneagles Spring Water
Today Highland Spring, Scotland's No1 natural mineral water and Britain's biggest brand producer*, acquired its Blackford neighbour, The Gleneagles Spring Water Company from Time Group Ltd, Lancashire for an undisclosed sum. Best known for its stylish glass bottle, Gleneagles, a natural mineral water sourced from the Perthshire Gleneagles Estate, had a £1.3 million turnover to July 2000. Highland Spring is forecasting a 27% uplift in turnover to £35 million for 2001, prior to the takeover.
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