Primo Brands Completes Merger with BlueTriton Affiliate

November 15, 2024

Primo Water Corporation
Image Source: Primo Water Corporation)

Primo Brands has finalized its merger with Primo Water Corp., an affiliate of BlueTriton Brands, Inc. The deal, first unveiled in June 2024, brings together two major players in the beverage industry, creating a stronger portfolio of products and distribution channels in the U.S. market.

“I am honored to lead our combined company and our team of world-class associates,” said Robbert Rietbroek, Chief Executive Officer of Primo Brands, in a recent press release. He also noted the company boasts a competitive portfolio of brands and is strategically positioned to grow as a top beverage company in the United States. 

The combined company – which includes well-known brands like Poland Spring, Pure Life, Mountain Valley, and Saratoga – will operate under the Primo Brands name. It will continue to focus on healthy hydration, a market experiencing growing consumer demand. In addition to packaged beverages, the company offers water dispensers, filtration appliances, and 5-gallon jug exchange and refill services.

The company will maintain coast-to-coast manufacturing and distribution networks with the goal of long-term value creation and growth. Also of note is the company’s commitment to environmentally friendly practices. Primo Brands involves experts such as hydrologists and geologists to responsibly manage the springs, wetlands, and watersheds where they operate. Plus, the company looks forward to continuing its ongoing efforts to create a more environmentally friendly delivery fleet.

“Our goal is to drive sustainable, long-term shareholder value creation as we capture transformative operational efficiencies, achieve our synergy goals and deliver strong financial results,” said Robbert Rietbroek. “I want to thank our talented teams for their dedication and hard work in building our strong momentum.”

As previously announced, Robbert Rietbroek will serve as Chief Executive Officer, David Hass will serve as Chief Financial Officer and Robert Austin will serve as Chief Operating Officer of Primo Brands. Additionally, the company will maintain both its Tampa, Fla., and Stamford, Conn. headquarters.

About Primo Brands

Primo Brands is a leading North American beverage company specializing in healthy hydration with a commitment to sustainability and community support. With a portfolio of iconic brands like Poland Spring®, Pure Life®, Saratoga®, and Primo Water®, the company delivers high-quality, sustainably sourced beverages through over 150,000 retail outlets and direct-to-consumer services across the U.S. and Canada. Primo Brands prioritizes reusable packaging and environmental stewardship, managing over 27,000 acres of water resources and promoting long-term sustainability. Headquartered in Tampa, FL, and Stamford, CT, Primo Brands employs over 11,000 associates and continues to champion innovation, community support, and quality hydration for generations to come. For more information, visit primobrands.com.