SARATOGA SPRINGS — BlueTriton Brands, Inc. has acquired local premium spring water brand, Saratoga Spring Water Company.
Adam Madkour, CEO and sole shareholder of Saratoga Spring Water Company, has sold certain assets of the company to BlueTriton, a Connecticut investment firm previously known as Nestlé Waters North America. Latham & Watkins, LLP represented BlueTriton and KPMG Corporate Finance represented Saratoga Spring Water Company in the transaction; financial terms of the deal announced in November 2021 were not released.
BlueTriton manages other regional bottled-water brands: Poland Spring, Pure Life, Deer Park, Ice Mountain, Zephyrhills, and Arrowhead. The acquisition of Saratoga Spring Water, with its current vendors and distinctive blue glass bottles, gives BlueTriton access to the upscale beverage market in hospitality and retail channels.
Saratoga Spring Water Company was founded in 1872 in Saratoga Springs and has its headquarters and bottling plant off Geyser Road. Saratoga Spring Water is sold throughout the United States and internationally.
Saratoga TODAY reached out Saratoga Spring Water Company and BlueTriton Brands for comment but received no response.
