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ENECO REFRESH LTD — M&A Activity 2007
Dec 3, 2007
64874_rns_2007-12-03_6390918e-fb12-436f-8e71-04e7a8e405e7.pdf
M&A Activity
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Refresh Group Limited ( ACN 079 681 244) 17 Denninup Way, Malaga WA 6090 Tel: (08) 9248 3006 Fax: (08) 9248 7233 Website: www.refreshgroup.com.au
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ASX Announcement (ASX:RGP)
Refresh acquires Blackwood Gully Spring Water
Refresh Group Limited (“Refresh”) is pleased to announce the acquisition of Blackwood Gully Spring Water (“Blackwood Gully”). Settlement is on 3 December 2007.
Blackwood Gully Spring Water is a family-owned bottled water company in Melbourne which has been serving the home and office delivery market since 1997. Directors are Spiros and Niki Bafas.
“While we’ve built a successful premium spring water business in the Melbourne market over the years, we believe Refresh is better positioned to take business to the next level.” Mr Bafas said.
Refresh will integrate Blackwood Gully into its existing pure water operations allowing customers the choice of natural spring water or pure distilled water for the home and office market. Refresh commenced its Melbourne operations 2 years ago selling distilled water for domestic, commercial and industrial use.
Refresh Group Executive Chairman, Henry Heng said: “Acquiring Blackwood Gully Spring Water is part of an accelerated growth strategy for key markets such as Melbourne.”
Refresh currently also sells spring water in the Brisbane market, and distilled water in Melbourne, Sydney, Brisbane, Toowoomba, Perth and Kalgoorlie.
For more information, please contact:
Edmund Teo Executive Director Refresh Group Ltd [email protected]
3 December 2007
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Refresh Waters Pty Ltd (ACN 115 000 318) Perth - 17 Denninup Way, Malaga WA 6090 T. (08) 92487222 F. (08) 92487233 E. [email protected] Kalgoorlie - 33/46 Great Eastern Hy, Kalgoorlie WA 6430 T. (08) 90222266 F. (08) 90224468 E. [email protected] Melbourne - 14 Bando Road, Springvale Vic 3171 T. (03) 95623877 F. (03) 95623177 E. [email protected] Sydney - 3 Salisbury Street, Silverwater NSW 2128 T. (02) 97484200 F. (02) 97484366 E. [email protected] Refresh Waters Queensland Pty Ltd (ACN 095 451 406) Toowoomba - 600 Boundary Street, Toowoomba Qld 4350 T. (07) 46590400 F. (07) 46590411 E. [email protected] Brisbane – 3/260 Musgrave Rd, Coopers Plains Qld 4108 T (07) 32768065 F. (07) 32767732 E. [email protected]