Acquisition of 100% stake in premium bottled water producing company

The company began operations in Bhutan and India in 2014. The business employs 47 employees and owns/operates a natural mineral water bottling plant in Bhutan. The Zero Percent India arm of the
business was started in 2021. The company has established distribution business in India with 17 sub distributors in 30 cities. Over the next 3 years, the goal is to grow the distribution business across the Indian Subcontinent. The business operations in the Indian Subcontinent consist of 3 arms: 1) plant/production of the brand, 2) distribution of the brand and 3) distribution of other brands through Zero Percent. We have access to India/Bhutan free trade agreement making it economically favorable to export to the Indian market.

• Unique natural mineral water source in the Himalayan Kingdom of Bhutan.
• Property and state-of-the-art bottling plant in the Himalayan Kingdom of Bhutan.
• Indian Subcontinent rights to an award-winning and well-recognized premium brand .
• HORECA focused established distribution business in India with 17 sub distributors in 30 cities.
• New business arm of Zero Percent India focusing on import and distribution of alcohol-free and plant-based alternatives