During the corresponding time, Primo Water Corp saw a revenue deteriorated by -17.81 % year on year, sequentially revenue grew by 5.32 %. While revenue at the Primo Water Corp's corporate clients
Primo Water's Comment on Sales, Marketing and Customers
Primo operates its Water Exchange business through approximately 17,500 retail locations where customers purchase pre-filled water bottles and exchange empty bottles for discounts. Its Water Refill business provides about 23,500 self-service refill stations for customers to refill empty bottles. The company also supplies water filtration units across North America. Primo serves consumers seeking purified, spring, and mineral water and emphasizes sustainability and plastic waste reduction. It partners with the International Bottled Water Association in North America to maintain safety and quality standards.
In 2022, Primo exited the North American small-format retail water business, which primarily used single-use plastic bottles, and also exited its business in Russia. In 2023, Primo sold its European Business to Osmosis Buyer Limited, a subsidiary of the Culligan Group. The European Business and remaining International Businesses—including Aimia Foods Limited, Decantae Mineral Water Limited, Fonthill Waters Ltd, John Farrer & Company Limited, and parts of Eden Springs Netherlands B.V. in the UK, Israel, and Portugal—are collectively being divested as part of a strategic shift.
Primo Water’s Comment on Sales, Marketing and Customers
Primo operates its Water Exchange business through approximately 17,500 retail locations where customers purchase pre-filled water bottles and exchange empty bottles for discounts. Its Water Refill business provides about 23,500 self-service refill stations for customers to refill empty bottles. The company also supplies water filtration units across North America. Primo serves consumers seeking purified, spring, and mineral water and emphasizes sustainability and plastic waste reduction. It partners with the International Bottled Water Association in North America to maintain safety and quality standards.
In 2022, Primo exited the North American small-format retail water business, which primarily used single-use plastic bottles, and also exited its business in Russia. In 2023, Primo sold its European Business to Osmosis Buyer Limited, a subsidiary of the Culligan Group. The European Business and remaining International Businesses—including Aimia Foods Limited, Decantae Mineral Water Limited, Fonthill Waters Ltd, John Farrer & Company Limited, and parts of Eden Springs Netherlands B.V. in the UK, Israel, and Portugal—are collectively being divested as part of a strategic shift.
Sources:
Primo Water Corp’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Primo Water Corp’s corporate clients.
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