DS Waters of America, Inc. Acquires Mount Olympus Waters

SALT LAKE CITY, Nov. 9, 2010 /PRNewswire/ -- DS Waters of America, Inc., one of the country's largest providers of bottled water products, is pleased to announce the acquisition of substantially all of the assets of Mount Olympus Waters, Inc., which has been operating its home and office bottled water delivery business in the greater Salt Lake City area since the late 1800's. As the significant resources of these two companies are combined, DS Waters will assume management of the bottled water delivery for all Mount Olympus customers. The addition of new water delivery service routes will enable DS Waters to enhance its service offerings, which include office coffee service and water filtration.

"I am excited to welcome the customers and employees of Mount Olympus Waters to our family of DS Waters brands.  We look forward to continuing the unparalleled commitment to superior products and service that Mount Olympus has had for over 100 years," said Jim Lewandowski, Vice President and General Manager of the West Central Region for DS Waters.

William C. Bailey, owner of Mount Olympus Waters, commented, "I have been an owner of this business for almost 50 years and wanted to hand Mount Olympus Waters over to a team of proven professionals that will continue to focus on preserving the Brand with continued emphasis on quality, growth and exceptional customer service. I have been associated with the senior management team of DS Waters for an extended period of time and we have served together in the leadership of the International Bottled Water Association. I am both proud and pleased knowing they will take Mount Olympus to the next level."

"Bill has been an icon in our industry.   He and his loyal staff have built a great business over the past 47 years and I am pleased that Bill has entrusted us to carry on the Mount Olympus tradition of excellence," said K. Dillon Schickli, CEO of DS Waters.

Tullius Partners, an investment banking firm that specializes in the bottled water industry, represented and acted as exclusive financial advisor to Mount Olympus Waters.

About DS Waters:

Formed  in 2003, DS Waters is the producer and distributor of home, office, and retail bottled water, water filtration and office coffee products across the United States sold under the brand names Alhambra®, Abita Springs®, Athena®, Belmont Springs®, Crystal Springs®, Hinckley Springs®, Kentwood Springs®, Nursery® Water, Sierra Springs®, Sparkletts®, and Roast2Coast®, a coffee delivery service. The company, headquartered in Atlanta, Georgia, is one of the leaders in the U.S. home and office water delivery, focusing on three and five gallon, one gallon and single serve bottled water products. Water is bottled at over 25 manufacturing facilities, and delivered to over a million homes and offices and retail establishments in more than 40 states. DS Waters and its associates also provide safe drinking water to communities during emergencies such as hurricanes, fires, floods, droughts and other natural disasters. Visit www.water.com or www.nurserywater.com for more information.

Proud partner of Susan G. Komen for the Cure.®

SOURCE DS Waters