Eden Springs has expanded its presence in the Hungarian market with the acquisition of dispenser company Clearwater.

The acquisition, which marks the foray of Eden Springs into the Hungarian market, is expected to add nearly 14,000 water dispensers to the company’s network.

The company’s Continental Europe president Antonio Alarcon said: “ClearWater is the market leader in providing water across Hungary, with significant density in Budapest and shares our commitment to excellence.

“We are excited to expand our presence to Hungary and look forward to welcoming ClearWater’s customers and associates to the Eden Springs family.”

Under the deal, Eden Springs will acquire the intellectual property for a carbonation technology patent, offering consumers carbonated water through filtration dispensers and bottled water coolers.

The company said that it intends to introduce ClearWater’s carbonation technology to other markets across the world soon.

ClearWater owner Scott Nicol said: “Eden Springs has a strong reputation of quality and commitment to service.

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“Moving forward into 2020, in addition to our sparkling water and technology, our customers will now benefit from even more water and coffee solutions for their hydration needs.”

The company offers workplace drinks solutions to more than 800,000 customers across 18 countries. Its product range includes bottle-fed water coolers, plumbed-in water coolers and small-pack bottles. Its offerings also include hot beverages solutions, including coffee machines.

Recently, Eden Springs acquired the Watercooler Gigant business of Leylines. Watercooler Gigant is a Dutch e-commerce platform, which distributes bottled water coolers and filtration solutions to commercial and residential markets.

Eden Springs is a wholly-owned subsidiary of Cott Corporation.