Primo Water Reports Purchases Of 2 Water Businesses In North America, No Terms Disclosed

Author: Benzinga Newsdesk | January 04, 2022 04:00pm

Primo Water Corporation (NYSE:PRMW) (TSX:PRMW) (the "Company" or "Primo"), a leading provider of sustainable drinking water solutions in North America and Europe, today announced that Primo Water North America ("PWNA"), a wholly-owned subsidiary of Primo, has acquired two water businesses in North America, both of which are leading independent distributors of Primo's Mountain Valley® premium water brand:

• PWNA has acquired substantially all of the assets of Clear Mountain Refreshment Services, dba Premium Refreshment Service, headquartered in Little Rock, Arkansas.



 
• PWNA has acquired substantially all of the assets of the Mountain Valley distributor business of North Texas Mountain Valley Corporation, dba Water Event, which operates five locations in Texas.

"With a combined customer count that exceeds 17,000 and an area that includes a population of nearly twenty million residents, these companies will fit seamlessly into the Primo family and align with our mission of inspiring healthier lives through better quality water.  Along with continued distribution of Primo's Mountain Valley® premium water brand and our full suite of water product offerings, customers should expect the same great level of service they've been accustomed to," said Tom Harrington, CEO of Primo Water Corporation. "The acquisitions expand the Primo footprint and further our vision of providing water solutions whenever, wherever and however our customers want them.  We are excited to welcome these customers and associates to our Primo family!"

For more information on the hydration solutions Primo offers, please visit www.water.com. 

Posted In: PRMW TSX:PRMW