trending Market Intelligence /marketintelligence/en/news-insights/trending/JSe5sMMogeNyYFXUQxBqpA2 content esgSubNav
In This List

Cott buys Hungary's sparkling water company Clearwater

Blog

Insight Weekly: Energy crisis cripples Europe; i-bank incomes rise; US holiday sales outlook

Blog

Japan M&A By the Numbers: Q3 2022

Blog

Insight Weekly: Reviving nuclear power; 2023 outlook for US financials; PE funds fuel EV sector

Blog

Insight Weekly: Energy reforms after midterms; Crisis ends 'age of gas'; bank deposits fall


Cott buys Hungary's sparkling water company Clearwater

Canadian bottled water delivery company Cott Corp. and its wholly owned subsidiary Eden Springs, has acquired Clearwater Kereskedelmi és Szolgáltató Korlátolt Felelősségű Társaság, according to a Jan. 9 release.

Financial terms of the transaction were not disclosed.

Clearwater is a Hungary-based sparkling water producer.

Cott said the acquisition will help Eden Springs boost its position in the country with the addition of 14,000 machines on location, plus intellectual property for a carbonation technology patent that will provide customers with carbonated water through water filtration dispensers and bottled water coolers. Eden Springs said it will introduce Clearwater's carbonation technology to other markets.