The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) Finds Top Spot in Hot Market Climate

Rhea-AI Summary

The Alkaline Water Company (NASDAQ: WTER) featured in a NetworkNewsWire editorial discussing the resurgence of merger and acquisition activity in the food and beverage sector, particularly in functional water assets. In 2020, 136 of the 222 transactions occurred in the latter half of the year, resulting in a total transaction value of $13.8 billion. Despite the pandemic, the company's Alkaline88 brand continues to gain traction, now endorsed by NBA Hall of Famer Shaquille O'Neal, positioning WTER favorably in a revitalized market.

Positive

• The Alkaline88 brand is endorsed by Shaquille O'Neal, enhancing brand visibility.
• Merger and acquisition activity in the food and beverage sector is increasing, indicating a favorable market environment for WTER.

Negative

• None.

NEW YORK, May 26, 2021 (GLOBE NEWSWIRE) -- via InvestorWire — The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) today announces its placement in an editorial published by NetworkNewsWire ("NNW"), one of 50+ trusted brands in the InvestorBrandNetwork (“IBN”), a multifaceted financial news and publishing company for private and public entities.

To view the full publication, “M&A Activity Picks Up in F&B Sectors, Including Functional Water Assets Space,” please visit: https://nnw.fm/Gs1C2

After a sluggish start to 2020, merger and acquisition activity in the food and beverage industry survived COVID-19 and picked up in H2, with 136 of the year’s 222 transactions closing after June last year. Total transaction value for the year was $13.8 billion, only slightly lower than 2019.

Despite the lingering pandemic, consolidation continues in the industry and deal flow has returned to a torrid pace, creating an exceptionally attractive market climate for The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER), the U.S.’s largest independent alkaline water company, and its Alkaline88(R) brand, which is now endorsed by Shaquille O’Neal, NBA Hall of Famer and Papa John's International (NASDAQ: PZZA) board member.

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 six 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, powder packs, oil tinctures, capsules and gummies.

To learn more about the company, visit https://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.

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NetworkNewsWire (NNW)
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Editor@NetworkNewsWire.com

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FAQ

What does the recent editorial mention about WTER?

The editorial highlights WTER's presence in a growing M&A environment within the food and beverage industry.

What brand is associated with WTER and who endorses it?

WTER's brand is Alkaline88, which is endorsed by Shaquille O'Neal.

How much was the total M&A transaction value in 2020?

The total M&A transaction value in the food and beverage sector for 2020 was $13.8 billion.

What was notable about M&A activity in 2020 for WTER?

Notably, 136 of the 222 M&A transactions occurred in the second half of 2020, showcasing a recovery in deal-making.