©Saratoga Spring Water
BlueTriton Brands, formerly known as Nestlé Waters North America, has closed its acquisition of “certain assets” of Saratoga Spring Water Company.
Based in New York, Saratoga Spring Water is a producer of premium spring water and delivers its products to customers in the hospitality and retail channel across the US.
BlueTriton’s board of directors member, Tony W. Lee, said: “As a leader in the premium spring water segment, the [Saratoga Spring Water] business enables us to expand our brand offerings and access a national, upscale beverage market that will contribute to BlueTriton’s strategic growth and success”.
Saratoga Spring Water’s CEO, Adam Madkour, added: “We believe BlueTriton’s leadership and resources will position [Saratoga Spring Water’s] products for growth while enabling the company to continue producing the high-quality, premium products we are known for”.
Terms of the transaction were not disclosed.
Earlier this year, BlueTriton appointed Jorge Mesquita as its new CEO.
© FoodBev Media Ltd 2021
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