PRESS RELEASE
Purchase of Bottled and Mains-fed Water Cooler
Business
Eden Springs UK Ltd. are pleased to announce that as of 31.12.09 they
have concluded a transaction whereby they have acquired Hydropure Distribution
Ltd. and its water cooler business.
Hydropure was established in 1989 and having disposed of the major part
of its water cooler business to Culligan in 1997, was successful in
establishing further significant distribution of both bottled and POU water
coolers from four depots serving the major business conurbations.
Michael Barnett, Managing Director of Hydropure said; “After 20 years in the industry and with
reference to the future evolution of the water cooler industry in the UK it
seemed appropriate for Hydropure to either, grow substantially by becoming even
more acquisitive than it had been in the past five years or, become part of a
larger group serving the industry. After careful consideration our Board
decided that the latter course was the correct one for us to follow.”
Eden Springs UK Ltd. is an established company and both UK and European
market leader with over 100,000 bottled and POU water coolers in the UK alone.
It is part of the Eden Springs Group of companies which has successful bottled
water cooler and POU cooler businesses in 16 countries
in Western and
“The acquisition of Hydropure marks a new phase in the development of
Eden Springs in the UK. It is part of our corporate philosophy to provide
clients with an excellent level of local service and water source and the
advantages of a national-scale provider. This strategic acquisition will help
increase the density of Eden's customer base in the UK, further enabling us to
improve our distribution efficiency and customer service" said, Jean Marc
Bolinger, Managing Director of Eden.
Post the acquisition of Hydropure, Michael Barnett will assume the
position of non-executive Chairman of Eden Springs UK Ltd.
For:
Eden Springs UK Ltd.
Jean-Marc Bolinger
Managing Director
Further details from:
Jean-Marc Bolinger, Managing Director Eden Springs UK Ltd.
Tel: +44 (0) 7917 454 402 Email: jean-marc.bolinger@uk.edensprings.com