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BREAKING NEWS: Oasis Buys Sunroc

October 23, 2003
Two of the industry's oldest manufacturers of water dispensing products are becoming one. Columbus, Ohio-based Oasis Corp. announced the acquisition of Sunroc Corp. of Dover, Del. Terms of the deal were not disclosed.

Oasis products includes pressure water coolers, bottled water coolers and bottled water pumps, point-of-use coolers, drinking fountains and water filtration systems. It has annual gross sales of more than $175 million, was founded in 1910 and employs 1,000 people. Oasis operates manufacturing plants in Ohio, California, Mexico, Canada, Ireland and Poland.

Sunroc was formed in 1922, has annual sales of $50 million and employs 300 people. It makes bottled water coolers, point-of-use coolers, pressure water coolers and drinking fountains.

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