Overview
Employees
501-1000 employees
Headquarters
Winston-Salem, North Carolina
Category
Bottled Water Companies
Primo Water Corporation (Nasdaq: PRMW) was founded in 2004 by Billy Prim, a successful entrepreneur and the founder of Blue Rhino, the market leader in propane grill cylinder exchange. Using the Blue Rhino model, Billy created Primo Water as a way to offer consumers innovative, stylish water dispensers for the home and office, as well as clean, affordable and convenient options for great tasting, premium water without creating waste in the environment. Primo Water Corporation is North America's leading single source provider of multi-gallon purified bottled water, self-service refill water and water dispensers sold through major retailers throughout the United States and Canada. As the only company that offers all three bulk water sub categories – Dispensers, Exchange and Refill – Primo Water owns a seventy-five percent market share in water dispensers and over ninety percent in its water businesses. Primo is an environmentally and ethically responsible company with a mission to inspire healthier lives through better water. We firmly believe that bulk water is one of the best products at retail, and as the number one retail bulk water supplier in North America, Primo Water is uniquely positioned to partner with retailers to help them participate in this exciting growth opportunity. Primo Water provides brick and mortar retailers of all sizes with unique and compelling benefits that can only be delivered at physical store locations. These benefits include: New revenue streams to drive increased same store sales Strong net profit margins Increased store traffic and shopping trips Larger basket size triggered by bulk water purchases Improved household loyalty as shoppers return to retailers offering bulk water solutions Improved corporate sustainability by offering an environmentally friendly bottled water solution The ability to serve as an emergency provider of purified water in the case of natural disasters or other crisis situations