DS Waters of America to acquire assets of Standard

DS Waters of America and The Standard Companies, (Standard) has signed an asset purchase agreement whereby DS Waters will acquire substantially all of the assets of Standard.

The transaction is expected to close in late March, subject to regulatory clearance.

DS Waters, a US provider of home and office bottled water delivery service, with a growing presence in office coffee services and water filtration systems, will benefit from The Standard Companies’ nationwide distribution network, which provides brewed coffee and tea beverages, equipment, condiments, water filtration systems and related items to offices, restaurants and food service organisations throughout the US.

As the resources of these two companies are combined, DS Waters will assume management of the nationwide delivery for all Standard Coffee customers.

 

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