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Angel Springs reinforces UK presence via Aquae Sulis buy.

MANews-(C)2009-2011

UK bottled water and water coolers supplier Angel Springs announced the acquisition of Telford-based Aquae Sulis Water Coolers, aimed to beef up its water offering.

Financial details were not disclosed.

According to the buyer, the acquisition forms a complementary fit into its Wolverhampton distribution centre, while improving customer service andA distribution efficiency.

The deal is also in line with Angel Springs's goal to accelerate its growth plans and consolidate the fragmented domestic market for water coolers, the company's managing director John Dundon said in a statement.Country: UK, Sector: Consumer Products, Food/Beverages/TobaccoTarget: Aquae Sulis Water Coolers LtdBuyer: Angel Springs Holdings LimitedType: Corporate acquisitionStatus: Closed

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Publication:M & A Navigator
Geographic Code:4EUUK
Date:Mar 18, 2011
Words:109
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