M&A Offers Pathway for Beverage Companies to Strengthen Bottom Line
24 September 2020 - 2:30PM
via NetworkNewsWire — The Alkaline Water Company (NASDAQ:
WTER) (CSE: WTER) today announces its placement in an
editorial published by NetworkNewsWire ("NNW"), one of 50+ brands
in the InvestorBrandNetwork (“IBN”), a multifaceted financial news
and publishing company for private and public entities.
To view the full publication, “New Opportunities Abound for
Specialty Beverage, Water Companies,” please visit:
https://nnw.fm/5nMwH
A recent “Beverage Industry” article noted that volume sales in
the carbonated soft drink category have seen sales decline for 15
consecutive years. . . With those numbers staring them in the face,
savvy soda companies are looking for strategic ways to strengthen
the bottom line. One path that many of the larger companies are
taking is mergers and acquisitions. Just a few examples include
Coca Cola’s acquisition of Vitamin Water for $4.2 billion and
Reignwood’s $105-million acquisition of Voss. Dr. Pepper has taken
the M&A route too, acquiring Core for $525 million and Bai for
$1.2 billion. . .
The Alkaline Water Company (NASDAQ: WTER) (CSE:
WTER) appears to be a prime target for this type of
strategic consolidation. One of the fastest-growing enhanced water
companies in the country, WTER has posted an astonishing 62%
compound annual sales growth rate over the last five years. The
company reported record annual revenue of $41.1 million as a
health-conscious world has turned away from sugary soft drinks to
bottled water, particularly water that’s been enhanced in some
way.
About The Alkaline Water Company
Founded in 2012, The Alkaline Water Company is headquartered in
Scottsdale, Arizona. Its flagship product, Alkaline88(R), is a
leading premier alkaline water brand available in bulk and
single-serve sizes along with eco-friendly aluminum packaging
options. With its innovative, state-of-the-art proprietary
electrolysis process, Alkaline88 delivers perfect 8.8 pH-balanced
alkaline drinking water with trace minerals and electrolytes and
boasts its trademarked label: Clean Beverage. Quickly being
recognized as a growing lifestyle brand, Alkaline88 launched A88
Infused(TM) in 2019 to meet consumer demand for flavor-infused
products. A88 Infused flavored water is available in seven unique
all-natural flavors with new flavors coming soon. Additionally, in
2020, the company launched A88 Infused Beverage Division Inc.,
which includes the company’s CBD water and flavor-infused water.
For the company’s topical and ingestible offerings, A88 Infused
Products includes both the company’s lab-tested, full-spectrum hemp
salves, balms, lotions, essential oils and bath salts, along with
broad-spectrum hemp beverage shots, powder packs, oil tinctures,
capsules and gummies. To learn more about the company,
visit www.A88CBD.com and www.TheAlkalineWaterCo.com.
NOTE TO INVESTORS: The latest news and
updates relating to WTER are available in the company’s newsroom
at http://nnw.fm/WTER
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