Icelandic Glacial Closes New Equity Funding and Reports over 80% Increase in Q1 Sales for 2011
ÖLFUS, Iceland (May 24, 2011)— Icelandic Water Holdings ehf, makers of the award-winning, CarbonNeutral® natural spring water from Iceland, Icelandic Glacial, reported today that it had formally closed its 2010 funding round raising a total of $40 million in equity from new and existing investors. The funding consisted of the conversion of $28 million of […]