Benchmark International Advises on the Sale of Freshwater Coolers to Office Watercoolers
Benchmark International is pleased to have advised on an agreed deal for the sale of Freshwater Coolers Plc to Office Watercoolers.
As the UK’s only PLC water cooler and hot drinks water boiler company, Freshwater have carved out an unrivalled reputation within the industry since founding 15 years ago. Serving business to business, they have built long-standing relationships with corporate organisations such as Next, H&M, Specsavers and Ford to name but a few, and further esteemed customers continue to choose us for their mains fed water coolers and water boilers.
Office Watercoolers has been providing excellent service and high quality water since 2001 and with more than 15 years’ experience within the industry, they are now one of the most successful water cooler companies in the UK. Based in the Midlands, with depots across the country, they offer a nationwide service, installing bottled and mains fed dispensers and delivering water and a hot and cold beverage service. As a company they offer their customers an extensive range of high quality coolers from established manufacturers that can be sited in any location and satisfy all levels of demand, along with a level of customer service that is professional, reliable and consistent.
Office Watercoolers managing director Ken Skelton said: “Freshwater Coolers Plc has an excellent reputation for high customer service levels and is an ideal fit with Office Watercoolers Ltd. Our companies share many core values as well as customers and industry suppliers and we intend to further enhance these essential relationships. This will be our largest acquisition to date and is a major step forward in terms of our longer term strategy of building a national water cooler company focusing upon delivering outstanding products and service levels in this market.”
On behalf of everyone at Benchmark International, we would like to wish both parties every success for the future.
ABOUT BENCHMARK INTERNATIONAL
Benchmark International’s global offices provide business owners in the middle market and lower middle market with creative, value-maximizing solutions for growing and exiting their businesses. To date, Benchmark International has handled engagements in excess of $5B across 30 industries worldwide. With decades of global M&A experience, Benchmark International’s deal teams, working from 13 offices across the world, have assisted hundreds of owners achieve their personal objectives and ensure the continued growth of their businesses.