Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo"), a leading provider of sustainable drinking water solutions in North America and Europe, today announced that Primo Water has acquired an additional spring water source adjacent to its current Mountain Valley spring in Garland County, Arkansas. "This acquisition provides an additional high-quality sustainable water source to supplement Primo's award-winning Mountain Valley Water portfolio. Mountain Valley is the #1 Premium Spring / Sparkling Single Serve brand in the Natural Channel with dollar growth of +53% vs. prior year according to SPINS. It is the oldest continuously bottled spring water in the United States and is nationally distributed in major retailers and foodservice operators," said Tom Harrington, CEO of Primo. "This additional water source supports our continued growth and strengthens Primo's commitment to offer sustainable water solutions to customers across our footprint."
Valued to be $183.7 Billion by 2026, Bottled Water Slated for Robust Growth Worldwide
A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Bottled Water - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.