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confidence high
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materiality 0.65
Alkaline Water Company enters co-packing agreement with Sang Beverages for TEN Spring Water
ALKALINE WATER Co INC
- Co-packing agreement to produce TEN Alkaline Spring Water, a premium 10 pH spring water.
- Initial term is five years with automatic renewal for additional one-year periods.
- Follows equipment acquisition on April 22, 2025, giving company control over own production lines for first time.
- CEO Ricky Wright says agreement expands co-packing services while maintaining premium quality.
- Sang Beverages' Jose A. Fernandez sees potential for expansion in western markets and deeper tie-up.