*Water (for Work and Home), one of the largest independent UK water cooler companies, has acquired Folkestone-based water cooler distributor Cinque Ports.
The six-figure deal has expanded the company’s customer base by 10% and sees all of Cinque Port’s 800 water coolers incorporated into the business, serving in the region of 550 business and residential customers.
Managing Director of family owned Water (for Work and Home), Ben McGannan commented: “Cinque Ports’ water coolers were already in our existing area of operations, so we have been able to incorporate them into our delivery rounds with ease.
“This will allow us to achieve greater efficiencies and help reduce our carbon emissions overall.”
Ben continued: “This is our first acquisition of this size and it It allows us to grow without having to build a new depot or change our management structure.” As to whether this acquisition is something that the company are looking for more of in the future, he revealed that the company would consider all options for future growth.
The expanded business will continue to be run from Water (for Work and Home)’s Marden base in Kent.
© FoodBev Media Ltd 2019