Israel-based home beverage carbonation systems manufacturer SodaStream International Ltd. announced Dec. 22 that it offered to acquire 100% of the share capital of its exclusive French distributor, OPM France SAS, for €17.5 million.
SodaStream said OPM's annual revenue from SodaStream products is €50 million.
The transaction is subject to customary post-closing price adjustments, the company added.