NutriPure Beverages updates on potential acquisition of East Coast bottling plant
NutriPure Beverages said that its subsidiary, XND Technologies, will perform a physical examination of a bottling facility in East Coast that the company is in talks to acquire.
NutriPure will be provided with a current portfolio of beverages that it could distribute across the US , in addition to a manufacturing plant for its upcoming Nu2O enhanced bottled water products, in case a final deal is made.
The company plans to market a full line of nutrient-enhanced water products under the Nu2O label, which will compete with currently available products.
The beverage company said that this bottling plant, which is situated strategically on the Eastern Seaboard, allowing it to reach the Northeast and Southern US markets.
NutriPure CEO Kenyatto Jones said that this is the closest that the company has been to a major merger or acquisition of this nature, and a significant amount of work remains to be done before any final agreement can be reached.
NutriPure Beverages, a maker and marketer of nutrient-enhanced bottled water products in the US, makes a line of nutrient-enhanced bottled water products using a patented process that is said to add organic nutrients to water without adding masking flavors, colors or sweeteners.
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