Manufacturer of home beverage carbonation systems SodaStream International has completed the acquisition of OPM France.

Subject to customary post-closing price adjustments, the Israeli company has acquired OPM France for a purchase price of €17.5m.

SodaStream intends for OPM to be its exclusive distributor in France.

SodaStream CEO Daniel Birnbaum said: “We are excited to have completed the acquisition of our French distributor. We have long viewed France as a strategically important market with tremendous growth potential.

“We have long viewed France as a strategically important market with tremendous growth potential.”

“I am confident that under the direction of our European leadership team, we can reignite demand for our home carbonation system and significantly increase household penetration from current levels.”

SodaStream is a manufacturer and distributor of Sparkling Water Makers, which allow consumers to make tap water into sparkling water and flavoured sparkling water.

SodaStream’s products are claimed to be environmentally friendly, cost-effective and customisable, aiming to promote health and wellness. They are available at more than 80,000 individual retail stores across 45 countries.