Beverage News

SodaStream Offers to Acquire its French Distributor

SodaStream Offers to Acquire its French DistributorSodaStream International Ltd., the world’s leading manufacturer of home beverage carbonation systems, announced today that it has made an offer to acquire 100% of the share capital of OPM France SAS, its exclusive distributor in France. OPM’s annual revenue from the sale of SodaStream products is approximately €50 million. Should the offer be accepted SodaStream has committed to pay €17.5 million upon completion of the transaction, subject to customary post-closing price adjustments.

Acceptance of the offer and closing of the transaction may only occur following completion of the consultation with the employees’ representatives. Subject to acceptance of the offer, the transaction would be expected to close in the first quarter of 2018.

Source: Soda Stream

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