Icelandic Glacial Raises $13.5 Million, Forms Strategic Alliance With Bidvest of South Africa
ÖLFUS, Iceland (June 22, 2011) — Icelandic Water Holdings ehf, makers of the award-winning, CarbonNeutral® natural spring water from Iceland, Icelandic Glacial, announced today that it has formed a strategic alliance with The Bidvest Group Limited, the Johannesburg-listed industrial investment company. Bidvest willinvest $13.5m into Icelandic Water Holdings initially for a stake of 14.59%with the right […]