Negosyante News

November 22, 2024 4:32 am

Manila Water’s Bottled Water Business Unit to Permanently Close

 

Manila Water Co. announced that it will permanently close its bottled water business unit, Healthy Family Purified Water by October this year.

Manila Water said “Due to recurring losses and inability to financially sustain business operations, Manila Water Total Solutions Corp. (MWTS), a wholly owned subsidiary of Manila Water, will be permanently closing its Healthy Family Business Division effective Oct. 31, 2020,”

Launched in 2015, Healthy Family is a brand of purified drinking water under its MWTS.

Manila Water added “While the Healthy Family Business Division has in recent years made strong efforts to improve operations and profitability, the ever-increasing competition in the bottled water industry and the recent economic challenges have proved too difficult to cope and keep the business afloat,”

MWTS will continue to operate and engage in water and wastewater and environmental services.

Comments are closed for this article!

Subscribe to Our Newsletter and get a free pdf:

Sign Up for negosyante news

and receive a copy of The Crypto Cheat Sheet (PDF)
and NFT Cheat Sheet for free!

* indicates required