M&A Deal Summary

Primo Water Acquires Eden Springs International

On June 7, 2016, Primo Water acquired electronics company Eden Springs International from Rhône Group for 470M EUR

Acquisition Highlights
  • This is Primo Water’s 1st transaction in the Electronics sector.
  • This is Primo Water’s largest (disclosed) transaction.
  • This is Primo Water’s 1st transaction in Switzerland.

M&A Deal Summary
Date 2016-06-07
Target Eden Springs International
Sector Electronics
Buyer(s) Primo Water
Sellers(s) Rhône Group
Deal Type Add-on Acquisition
Deal Value 470M EUR

Target

Eden Springs International

Préverenges, Switzerland
Eden Springs International is a provider of water and coffee solutions for offices. Eden Springs offers a variety of integrated water and coffee solutions designed to cater to a wide range of tastes and requirements of a diverse customer base.

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Buyer(S) 1

Buyer

Primo Water

Tampa, Florida, United States
Category Company
Founded 1955
Sector Beverages
Employees9,230
Revenue 1.8B USD (2023)
DESCRIPTION

Primo Water provides pure-play water solutions for residential and commercial customers. It offers bottled water, water dispensers, purified bottled water, self-service refill drinking water, premium spring, mineral water, sparkling and flavored water, filtration equipment, and coffee. Primo Water was founded in 1955 and is based in Tampa, Florida.

DEAL STATS #
Overall 6 of 21
Sector (Electronics) 1 of 1
Type (Add-on Acquisition) 6 of 19
Country (Switzerland) 1 of 1
Year (2016) 2 of 3
Size (of disclosed) 1 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-08 Aquaterra

Toronto, Ontario, Canada

Aquaterra Corporation Ltd. is a distributor and manufacturer of large format bottled water.

Buy CA$62M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-04 S&D Coffee

Concord, North Carolina, United States

S&D Coffee, Inc. is the largest coffee and tea manufacturer and supplier to restaurants and convenience stores in America. S&D is also a major producer of liquid extracts. In continuous operation since 1927, the S&D Coffee serves over 110,000 customers through national distribution and direct store delivery.

Buy $355M

Seller(S) 1

SELLER

Rhône Group

New York, New York, United States
Category Private Equity Firm
Founded 1996
PE ASSETS 8.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Rhône Group is a private equity and financial advisory firm focused on large-scale buyouts across North America and Western Europe. Areas of interest include energy, materials, industrials, retail, consumer products, healthcare, and financial services. Rhône was formed in 1995 and has offices in New York, Paris, and London.

DEAL STATS #
Overall 11 of 17
Sector (Electronics) 1 of 1
Type (Add-on Acquisition) 4 of 4
Country (Switzerland) 1 of 1
Year (2016) 1 of 1
Size (of disclosed) 4 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-10 Global Knowledge

Cary, North Carolina, United States

Global Knowledge is a world leader in technical skills training, supporting major enterprises and IT professionals with innovative and flexible learning solutions and offering authorized content from major technology providers. Global Knowledge delivers training in multiple modalities, both on-demand and instructor-led through virtual delivery and classrooms, blended formats, and customized on-site training, directly and through a worldwide partner network. Global Knowledge was founded in 1995 and is based in Cary, North Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-25 Zodiac Pool Solutions

Paris, France

Zodiac Pool Solutions is a global manufacturer of premium residential pool equipment and automation solutions.

Buy -
Mergr

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