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New Deal


Announced

Danone to acquire a majority stake in Harrogate Water Brands.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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sparkling water

beverage

Private

drinking water

Acquisition

Pending

United Kingdom

bottled water

Majority

Single Bidder

Soft Drinks

Friendly

Synopsis

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Danone, a French multinational food-products company, is set to acquire a majority stake in Harrogate Water Brands, a manufacturer of bottled water and beverages. Financial terms were not disclosed. “We are delighted to have found the right partner to take Harrogate Water forward on its journey while respecting and celebrating our history and heritage. We are incredibly proud to become part of the Danone family, and are excited about the benefits this will bring to Harrogate," James Cain, Harrogate Water CEO.

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