Angel Springs Complete Acquisition of Aquastations Coolers

August 6, 2012

Wolverhampton-headquartered Angel Springs, the UK’s leading water cooler service provider, has completed the acquisition of the bottled water cooler base of Aquastations for an undisclosed sum. The deal is the fifth acquisition to be completed by Angel Springs in the last twelve months.

The acquisition provides a good strategic fit with Angel Springs’ existing operations in London and Hertfordshire. It will also give Angel Springs a stronger presence in the important Central London market, and their recently acquired depot in Central London.

Angel Springs supplies and services more than 55,000 bottled water coolers and mains-fed water coolers, to approximately 35,000 customers across the UK. The business has a diverse customer base largely comprised of SMEs, together with a number of multi-site blue chip organisations, including the BBC, London Midland, Marriott Hotels and ISS.

Commenting on the acquisition, John Dundon, Angel Springs Managing Director, said:

“The acquisition of the Aquastations bottled base will further complement our existing operations in London and South East of the UK.

“This has been a busy year to date with a good mix of strong organic growth and acquisitions. This acquisition will help us to further scale up our service and delivery capabilities as we continue to roll out our ‘local service on a national basis’ operating model.”

Directly released from Angel Springs