Newsletter

29 May 2002

Eden Springs has acquired the Norwegian HOD market leader Hygoform Kildevann AS.

The acquisition was done through Eden's subsidiary -Rent a Cooler Norway who is the co-leader of the Norwegian HOD market-. This will ensure for Eden Springs a strong market presence and leadership on the Norwegian water market. Hygoform Kildevann AS initiated the HOD market in Norway in 1994 and enjoys the fruit of being the first company on the market by having good client base and prices.

Hygoform Kildevann client portfolio is concentrated in Oslo with branch offices in Bergen, Stavanger and Trondheim. Additionally the company has a client portfolio in Stockholm -Sweden- which will be absorbed by Eden Springs Sweden.