Ronnoco Coffee, a $60 million roaster based in St. Louis, has sold its bottled water business to Absopure Water Co., based in Plymouth, Mich.
Ronnoco started selling Clearbrook Natural Spring Water and Filtration products in 1999. It sold three-gallon and five-gallon bottles of water to commercial customers. Following the sale, Ronnoco will still supply customers with water filtration systems.
Ronnoco was acquired in 2012 by Detroit-based Huron Capital Partners, which launched an aggressive expansion plan that is expected to double the size of the company in the next few years. In the past year, Ronnoco has made three acquisitions.