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Source Global Acquires Proud Source Water

PRIVATEMar 08, 2023

Acquiring Company

SOURCE Global PBC

Acquired Company

Proud Source Water, Inc.

BoiseWaterWater PurificationOtherFood And BeverageWater

Description

SOURCE Global, the developer of the SOURCE® Hydropanel, the world's first technology to sustainably generate renewable drinking water from the atmosphere, is proud to announce the acquisition of Proud Source Water, a leader in sustainably bottled spring water. Combining the resources and technological expertise of these two companies will transform the industry creating a new standard in bottled water -- renewable water sourced from the air and delivered in infinitely recyclable packaging.

Quick answer

SOURCE Global PBC is acquiring Proud Source Water, Inc., announced March 8, 2023.

Who acquired Proud Source Water, Inc?
SOURCE Global PBC agreed to acquire Proud Source Water, Inc. on March 8, 2023.
How much did SOURCE Global PBC pay for Proud Source Water, Inc?
The deal value was not disclosed.
What does SOURCE Global PBC do?
SOURCE Global exists to "perfect water for every person, every place".
Where are SOURCE Global PBC and Proud Source Water, Inc. based?
Proud Source Water, Inc. is based in Boise, Idaho, United States.

Source: Fundz verified event record.

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Company Information

Company

SOURCE Global PBC

About

SOURCE Global exists to "perfect water for every person, every place". The company's SOURCE® Hydropanels create drinking water using sunlight and air as the only inputs, putting the power of safe, high-quality water production into the hands of every person in nearly every climate and corner of the world. The infrastructure-free nature of Hydropanels means that the company has been providing off-grid, renewable drinking water to communities, homes, corporate campuses, hotels, islands without infrastructure, remote work sites, and other applications, now in more than 50 countries in six continents. A Public Benefit Corporation, SOURCE Global's mission is to make drinking water an unlimited resource. SOURCE is bringing water where people need it to be in a sustainable and environmentally friendly way –making water accessible wherever you go. Headquartered in Scottsdale, Arizona, SOURCE is on Fast Company's 2020 list of most innovative social good companies. SOURCE® is a registered trademark of SOURCE Global, PBC. For more information on SOURCE Global visit www.source.co. You can also follow SOURCE on Facebook (https://www.facebook.com/sourcewater), LinkedIn (https://www.linkedin.com/company/sourceglobal), Instagram (https://www.instagram.com/sourcewater/), and Twitter (https://twitter.com/sourcewaterco).

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Frequently asked

Who acquired Proud Source Water, Inc.?

Proud Source Water, Inc. was acquired by SOURCE Global PBC. The deal was reported on March 8, 2023. SOURCE Global exists to "perfect water for every person, every place". SOURCE Global PBC is privately held and operates in Water.

When did SOURCE Global PBC acquire Proud Source Water, Inc.?

SOURCE Global PBC's acquisition of Proud Source Water, Inc. was reported on March 8, 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Proud Source Water, Inc. do?

Proud Source Water is Water Done DifferentTM, making a positive impact through a fundamentally different approach to water: caring for our planet, our communities and our health all at the same time. It is privately held, operating in Other, and is based in Boise.

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