M&A Offers Pathway for Beverage Companies to Strengthen Bottom Line

Rhea-AI Summary

The Alkaline Water Company (NASDAQ: WTER) has been featured in an editorial by NetworkNewsWire, highlighting its rapid growth in the enhanced water sector.

WTER has achieved a remarkable 62% compound annual sales growth over the past five years, reporting record annual revenues of $41.1 million as consumers shift from sugary beverages to healthier options. The company’s flagship product, Alkaline88, is recognized for its premium quality, and it has expanded its offerings to include CBD-infused and flavor-infused waters.

Positive

• Achieved 62% compound annual sales growth over the past five years.
• Reported record annual revenues of $41.1 million.

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• None.

NEW YORK, Sept. 24, 2020 (GLOBE NEWSWIRE) -- via NetworkNewsWire — The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER) today announces its placement in an editorial published by NetworkNewsWire ("NNW"), one of 50+ brands in the InvestorBrandNetwork (“IBN”), a multifaceted financial news and publishing company for private and public entities.

To view the full publication, “New Opportunities Abound for Specialty Beverage, Water Companies,” please visit: https://nnw.fm/5nMwH

A recent “Beverage Industry” article noted that volume sales in the carbonated soft drink category have seen sales decline for 15 consecutive years. . . With those numbers staring them in the face, savvy soda companies are looking for strategic ways to strengthen the bottom line. One path that many of the larger companies are taking is mergers and acquisitions. Just a few examples include Coca Cola’s acquisition of Vitamin Water for $4.2 billion and Reignwood’s $105-million acquisition of Voss. Dr. Pepper has taken the M&A route too, acquiring Core for $525 million and Bai for $1.2 billion. . . 

The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER) appears to be a prime target for this type of strategic consolidation. One of the fastest-growing enhanced water companies in the country, WTER has posted an astonishing 62% compound annual sales growth rate over the last five years. The company reported record annual revenue of $41.1 million as a health-conscious world has turned away from sugary soft drinks to bottled water, particularly water that’s been enhanced in some way.

About The Alkaline Water Company

Founded in 2012, The Alkaline Water Company is headquartered in Scottsdale, Arizona. Its flagship product, Alkaline88(R), is a leading premier alkaline water brand available in bulk and single-serve sizes along with eco-friendly aluminum packaging options. With its innovative, state-of-the-art proprietary electrolysis process, Alkaline88 delivers perfect 8.8 pH-balanced alkaline drinking water with trace minerals and electrolytes and boasts its trademarked label: Clean Beverage. Quickly being recognized as a growing lifestyle brand, Alkaline88 launched A88 Infused(TM) in 2019 to meet consumer demand for flavor-infused products. A88 Infused flavored water is available in seven unique all-natural flavors with new flavors coming soon. Additionally, in 2020, the company launched A88 Infused Beverage Division Inc., which includes the company’s CBD water and flavor-infused water. For the company’s topical and ingestible offerings, A88 Infused Products includes both the company’s lab-tested, full-spectrum hemp salves, balms, lotions, essential oils and bath salts, along with broad-spectrum hemp beverage shots, powder packs, oil tinctures, capsules and gummies. To learn more about the company, visit www.A88CBD.com and www.TheAlkalineWaterCo.com.

NOTE TO INVESTORS: The latest news and updates relating to WTER are available in the company’s newsroom at http://nnw.fm/WTER

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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NetworkNewsWire (NNW)
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Editor@NetworkNewsWire.com

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FAQ

What is the recent growth rate for Alkaline Water Company (WTER)?

The Alkaline Water Company has achieved a 62% compound annual sales growth rate over the last five years.

What were the annual revenues reported by WTER?

The Alkaline Water Company reported record annual revenues of $41.1 million.

Which product is a flagship offering of Alkaline Water Company (WTER)?

The flagship product of Alkaline Water Company is Alkaline88.

What new product lines has WTER launched recently?

WTER has launched CBD-infused and flavor-infused waters through its A88 Infused division.