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Leawood, Kan.-based private equity firm Great Range Capital acquired Mountain Valley Water Co. of Hot Springs, Ark. Mountain Valley is the oldest continuously operated bottled water company in the United States, according to the company. The premium bottled water company serves individual consumers, major retailers and foodservice operators in all 50 states and in select international markets, it says.
“Mountain Valley has an impressive and treasured heritage of providing consumers the finest [still] and sparkling spring water,” said Breck Speed, chief executive officer of Mountain Valley, in a statement. “Our partnership with Great Range Capital positions us well for continued growth and success. We now have an even greater ability to deliver the high-quality products and services our customers have come to expect from Mountain Valley.”
Ryan Sprott, managing partner of Great Range Capital, added: “Mountain Valley provides a top-tier domestic alternative to imported premium bottled waters. The company’s historic brand, glass packaging and superior taste and mineral content resonate strongly with today’s conscientious consumers.”