Atlanta based DS Services has acquired Shenandoah Valley Spring Water in an asset purchase transaction. DS Services is owned by Cott Corporation (NYSE: COT; TSX: BCB) based in Ontario, Canada. The acquisition continues DS Services national growth strategy in bottled water and coffee services.
Shenandoah Valley Spring Water was founded, owned and managed by Bill Saxman. Mr. Saxman plans to retire following the transition.
The transaction was facilitated by Mike Kelner of Vending Biz Broker/VBB Advisors.