Refresco Completes Acquisition of Telemark Kildevann
Refresco, a prominent global beverage solutions provider, has successfully finalized its acquisition of Telemark Kildevann Holding AS, a leading beverage manufacturer based in Norway. This acquisition represents a significant move for Refresco as it aims to enhance its operational capabilities and expand its market presence.
Details of the Acquisition
The transaction, initially announced earlier, was completed after satisfying all necessary regulatory approvals and conditions. Refresco now integrates Telemark Kildevann, which operates facilities in Fyresdal and Aurskog, Norway. The company is renowned for its high-quality production of soft drinks, spring waters, and mineral waters, primarily serving the retail and branded segments in Norway and Sweden.
CEO’s Vision for the Future
Hans Roelofs, CEO of Refresco, expressed enthusiasm upon the acquisition's completion. "We are excited to welcome the dedicated team from Telemark Kildevann to the Refresco family. This acquisition aligns perfectly with our Buy & Build strategy, emphasizing our commitment to enhance our operations in Europe. We are eager to collaborate with our new colleagues and continue providing top-quality beverage solutions to our customers," he stated.
Integration into Refresco’s Operations
As a result of the acquisition, Telemark Kildevann will be seamlessly integrated into Refresco's operational framework. This integration is expected to leverage synergies while broadening the scope of services offered to customers across the broader European market.
About Refresco
Headquartered in Rotterdam, the Netherlands, Refresco stands as a leading independent beverage solutions provider for global, national, and emerging brands. With manufacturing facilities spanning Europe, North America, and Australia, the company produces an expansive range of beverages. These include carbonated soft drinks, juices, ready-to-drink teas, energy drinks, sports drinks, and plant-based beverages.
Refresco is committed to innovation in product and packaging quality, focusing on sustainability and consumer preferences. The company employs over 14,000 individuals dedicated to achieving shared goals of growth and sustainability within the beverage industry.
Frequently Asked Questions
What does the acquisition of Telemark Kildevann mean for Refresco?
The acquisition allows Refresco to strengthen its market presence in Northern Europe while expanding its product offerings in premium soft drinks and mineral waters.
Where are Telemark Kildevann's production facilities located?
Telemark Kildevann operates production facilities in Fyresdal and Aurskog, Norway, focusing on soft drinks and mineral water products.
How does Refresco ensure product quality?
Refresco continuously seeks innovative methods and processes to enhance product quality in alignment with consumer preferences and market demands.
What is the scale of Refresco's operations?
Refresco operates extensively across Europe, North America, and Australia, with over 14,000 employees contributing to its diverse beverage offerings.
Who can I contact for more information about Refresco?
For inquiries, you can reach out to Hendrik de Wit at Refresco Corporate Communications via phone at +31 6 1586 1311.
