Date
Jan 2015
Region
Alabama
Generational Equity, a leading mergers and acquisitions advisor for privately-held, middle-market businesses, is pleased to announce that certain assets of its client, Kyuka Waters Inc., headquartered in Attalla, Alabama, have been acquired by Water Way Distributing Company Inc., located in Birmingham, Alabama. The acquisition closed on January 7, 2015.
Kyuka Waters Inc. (Kyuka) is a bottled water producer and distributor, using its own local spring and bottling plant. The Company's spring water is pumped directly to the Company's plant by two vertical turbine pumps. The facility also has in place a filler line which allows it to load tanker trucks with water for offsite production. Managing Director Don Sawyer and his team, including affiliate Sam Sumner and Vice President Rebecca Gruman, led the Generational Equity deal team that advised Kyuka on the transaction. Sam Sumner, Senior Merger and Acquisition Advisor stated, "The combination of Kyuka's delivery routes with Water Way Distributing Co. Inc. was a perfect match of two companies in adjacent geographical areas coming together to form a larger more efficient operating entity." Water Way Distributing Co Inc. is a provider of bottled water and bottled water delivery
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