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Primo Water Corp T.PRMW

Alternate Symbol(s):  PRMW

Primo Water Corporation is a pure-play water solutions provider that operates under a recurring revenue model in the large format water category. This business strategy is referred to as razor-razorblade. Its Razorblade offering includes Water Direct, Water Exchange, and Water Refill. Through its Water Direct business, it delivers sustainable hydration solutions direct to customers, whether at home or to businesses. Through its Water Exchange business, customers visit retail locations and purchase a pre-filled bottle of water. Once consumed, empty bottles are exchanged at its recycling center displays, which provide a ticket that offers a discount towards the purchase of a new bottle. Water Exchange is offered in over 17,500 retail locations. Through its Water Refill business, customers refill empty bottles at nearly 23,500 self-service drinking water stations. It offers water filtration units across North America. Its water solutions offer access to purified, spring and mineral water.


TSX:PRMW - Post by User

Post by Betteryear2on Oct 07, 2021 4:24pm
188 Views
Post# 33983837

Acquisition of Get Fresh in Poland

Acquisition of Get Fresh in Poland

TAMPA, Fla.Oct. 7, 2021 /PRNewswire/ - 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 it has acquired Get Fresh and its brand, Dar Natury, which means gift of nature.  Get Fresh is a leading distributor of water solutions in northern and eastern Poland. 

The acquisition will add approximately 20,000 customers to Primo's extensive footprint in Poland, adding to the existing base of more than 200,000 customers.  The addition of Get Fresh further strengthens Primo's presence in Poland by leveraging its national distribution footprint and strategically positioned production network. Customers of Get Fresh will begin to receive product from our Eden Poland operations while receiving the same high-quality service that they are accustomed to as well as being able to be serviced by a growing platform of products and services.

"Get Fresh offers high-quality water solutions and delivers superior customer service in a way that aligns with our mission of inspiring healthier lives through better quality water," said Tom Harrington, CEO of Primo Water Corporation. "The addition of Get Fresh expands the Primo footprint and customer density in a fast-growing region and furthers our vision of providing pure-play water solutions whenever, wherever and however our customers want them."

For more information on the hydration solutions Primo offers, please visit www.water.com. 

 
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