A Derby entrepreneur has acquired a Welsh producer of bottled natural mineral, spring and tonic waters.
Bobby Nanua has snapped up Tŷ Nant Spring Water for an undisclosed sum.
Since launching its cobalt blue glass bottle range at the Savoy Hotel in London in 1989, Tŷ Nant, based in Bethania on the edge of the Cambrian Mountains in west Wales, has established a worldwide presence as a premium purveyor of bottled natural mineral water.
Martyn Brierley, Flint Bishop’s head of corporate and finance, and senior property associate, Andy Stokes advised Nanua on the deal.
Janet Morgan and Gary Devonshire, partners of Smith Cooper, provided tax advice in connection with the transaction.
Nanua said: "Martyn and the
link source - Insider Media