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Israel's SodaStream acquires French distributor

Israel-based home beverage carbonation systems maker SodaStream International Ltd. on Feb. 2 said that it completed the acquisition of 100% of the share capital of OPM France SAS, the company's exclusive distributor in France, for €17.5 million.

SodaStream CEO Daniel Birnbaum said the company will work with its European partner to "reignite" demand for home carbonation systems and increase household penetration.

SodaStream had offered to acquire OPM France SAS on Dec. 22, 2017.