Suntory Water Group Acquires Cloister Spring Water

Suntory Water Group, the nation's second-largest bottled water company, has acquired the Cloister Spring Water Co. of Lancaster, PA. Terms of the acquisition were not disclosed.

Cloister, a 60-year-old company, produces both spring and distilled drinking water for home and office delivery, as well as for sale in supermarkets, convenience stores, food service establishments and vending machines. Its products are distributed in Pennsylvania, New Jersey, Delaware, Maryland, Washington, DC and Virginia.

"The acquisition of Cloister strengthens our spring water operations and extends our market presence in the important mid-Atlantic region of the country. Cloister complements our existing operations in terms of quality and scope of products for both home and office delivery and retail sales," said David Krishock, president and CEO of Suntory Water Group.

"Cloister Spring Water, like Suntory Water Group's brands, has a long reputation for quality and service. Our operations will be a perfect fit with Suntory's, given our strong presence throughout the region," said David L. Nagle, vice president of Cloister Spring Water.

Suntory Water Group's brands include Belmont Springs, Crystal Springs, Kentwood, Polar, Hinckley & Schmitt, Sierra and Pacific Pure. The company offers single-serve bottles, bulk packages and cooler options to home and office and retail customers in 28 states.