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SodaStream offers to buy its French distributor

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SodaStream offers to buy its French distributor

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.