Business
The Alkaline Water Company Executes Memorandum of Understanding for Strategic Expansion Into Wholesale Distribution and Manufacturing
The Alkaline Water Company Executes Memorandum of Understanding for Strategic Expansion Into Wholesale Distribution and Manufacturing.
About this update from Alkaline Water Company Inc. (the)
[{"type":"text","content":"\r\n\r\n \r\n \r\n The Alkaline Water Company Executes Memorandum of Understanding for Strategic Expansion Into Wholesale Distribution and Manufacturing\r\n \r\n \r\n\r\n\r\nThe Alkaline Water Company Executes Memorandum of Understanding for Strategic Expansion Into Wholesale Distribution and Manufacturing\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\nGLENDALE, Ariz., July 8, 2025 /PRNewswire/ -- The Alkaline Water Company, Inc. (OTC: WTER -- hereinafter referred to as the \"Company\"), a leader in the beverage industry known for its purified alkaline water, enhanced with Himalayan rock salt, a leader in the premium bottled alkaline water industry, today announced that it has entered into a non-binding Memorandum of Understanding (MOU) to acquire a regional wholesale distributor and logistics platform located in the central United States.\r\n\r\nThe contemplated acquisition, subject to customary due diligence and negotiation of definitive agreements, is expected to be completed for an undisclosed amount of common stock. The Company anticipates executing a definitive agreement before the end of July 2025.\r\n\"This is an exciting and strategic opportunity for Alkaline88®,\" stated Ricky Wright, CEO of The Alkaline Water Company. \"The target business has operated successfully for decades and serves a highly diverse retail customer base across multiple states. By integrating this distribution and warehouse infrastructure into our growing platform, we expect to accelerate our vertical integration strategy, mitigate supply chain risk, and open new sales channels previously unavailable to us in the Central U.S.\"\r\nUnlocking Regional Reach and Vertical Capabilities\r\nThe target business currently supports a wide array of retail outlets, including convenience stores, specialty grocers, liquor markets, smoke shops, and gift boutiques. With a proven distribution model, extensive product catalog, and direct-store-delivery routes throughout the Colorado Front Range and beyond, the business provides a valuable backbone for expanding Alkaline88®'s distribution reach in underserved markets.\r\nIn addition to its impressive historical footprint and relationships, the platform generated over $17 million in sales in 2024, with strong contributions across beverage, snack, and tobacco-related categories. Its wholesale expertise complements Alkaline8...