The business is purchased at $105m, and the transaction is expected to close later this year. CSS customers primarily include retailers such as Wal-Mart, Safeway, Meijer, Sobeys, Hy-Vee, Kroger and Target.
CSS provides self-serve retail vending of filtered drinking water, empty refillable water bottles, and store-use filtered drinking water services throughout the US and Canada at approximately 4,500 retail locations.
Mark Seals, CEO of Culligan, said: “We are proud of our Culligan Store Solutions business, which is strong and growing.
“We are confident that Primo will continue to provide our vended water customers with the level of service and innovation they have come to expect.
“The sale allows Culligan to sharpen our focus on expanding our water treatment and filtration offerings through our worldwide dealer channel and to enhance our global presence in the industrial water treatment business.”
