Aquae Sulis, a family owned business based in Telford, has most of its mains-fed and bottled water coolers based in the West Midlands. This will fit comfortably into Angel’s Wolverhampton distribution centre, giving increased customer density and distribution efficiencies.
Angel Springs MD John Dundon said: “This acquisition is a great example of our ambition to grow our business aggressively and consolidate a fragmented UK water cooler market.
“Despite the gloomy economic outlook, Angel has continued to be a high-quality, national service provider and prosper with impressive growth. We believe we’re ideally structured to acquire mains-fed and bottled water cooler bases into our national network.”
Since forming from three regional businesses in 2003, Angel has doubled in size with a strategic mixture of acquisitions, organic and geographic growth. The company has recently opened additional depots in Kent and Dorset to service customer bases in the southeast and on the south coast.
Source: Angel Springs
© FoodBev Media Ltd 2024