AIRPORT CITY, Israel,
Dec. 22, 2017 /PRNewswire/
-- SodaStream International Ltd. (Nasdaq: SODA), 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.
About SodaStream
SodaStream is the #1 sparkling water
brand in volume in the world and the leading manufacturer and
distributor of Sparkling Water Makers. We enable consumers to
easily transform ordinary tap water into sparkling water and
flavored sparkling water in seconds. By making ordinary water fun
and exciting to drink, SodaStream helps consumers drink more water.
Sparkling Water Makers offer a highly differentiated and innovative
solution to consumers of bottled and canned carbonated soft drinks.
Our products promote health and wellness, are environmentally
friendly, cost effective, customizable and fun to use. Our products
are available at more than 80,000 individual retail stores across
45 countries. To learn more about how SodaStream makes water
exciting and follow SodaStream on Facebook, Twitter, Pinterest,
Instagram and YouTube, visit http://www.sodastream.com.
Investor Contact:
Brendon Frey
ICR
+ 1-203-682-8200 /
brendon.frey@icrinc.com
Media Contact:
Maayan Nave
Global Chief Communications
+972-3-9762-418 / maayann@sodastream.com
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SOURCE SodaStream International Ltd.