Go to deals
Food & Beverage

Greencore Group plc has sold Greencore Water to Highland Spring Ltd

Greencore Group plc, a leading international producer of convenience foods with operations in Ireland, the UK, USA, the Netherlands and Belgium, has sold its bottled water business, Greencore Water, to Highland Spring Limited for a US$26 million consideration. US$14.9 million is payable upon completion, US$4.5 million deferred until the second anniversary of completion and up to US$6.7 million contingent upon the future performance of the business.

Greencore Water is a supplier of customer-branded water in the UK, operating from two facilities located at Campsie Springs in West Scotland and Blaen Twyni in Wales.

Highland Spring Limited, based in Scotland, is the UK's leading brand of bottled water

Oaklins' team in Ireland advised the seller in this transaction.

Service
M&A sell-side
Parties

Talk to the deal team

 Tom  Godfrey

Tom Godfrey

Managing Director
Dublin, Ireland
Oaklins IBI

Related deals

Vinatis has been acquired by Groupe Castel
Consumer & Retail | Food & Beverage

Vinatis has been acquired by Groupe Castel

The two co-founders of Vinatis have sold their company to Castel Group, the leading wine producer in France and Europe.

Learn more
St. Johns Food Service has been acquired by SJFS Holdings
Consumer & Retail | Food & Beverage

St. Johns Food Service has been acquired by SJFS Holdings

The shareholders of St. Johns Food Service, Inc. have sold the company to SJFS Holdings, LLC.

Learn more
Wine Invest – NG Vins has been acquired by a French Family Office
Consumer & Retail | Food & Beverage

Wine Invest – NG Vins has been acquired by a French Family Office

The executive shareholder of Wine Invest – NG Vins Group has sold a short majority of the company to a French Family Office.

Learn more