Tuesday, June 9, 2015

Crystal Rock Holdings, Inc.: Offering Home and Office Refreshment Products


When it comes to refreshments in the office, may it be cold or hot, Crystal Rock Holdings, Inc. remains to be one of the trusted companies in the United States. The business has been around since 1965 and has grown to become one of the multi-million beverage companies in the country.

It is in Williston, Vermont that the company holds its corporate office. It remains publicly traded on the American Stock Exchange and markets its common shares under the ticker symbol CRVP. As a diversified beverage provider, it markets its products under various brand names. Its bottled water is marketed under the names Vermont Pure and Crystal Rock. The coffee produced, marketed and distributed by the company bears the brand name Cool Beans. In addition to the bottled water and coffee they market, Crystal Rock Holdings also offers ancillary products that are distributed using the brand names Universal Business and Crystal Rock Office.

It was in March 2010 that the business got incorporated. Despite the demand of sparkling waters, the company has stuck to its traditional non-sparkling water products. It continues to serve a handful of companies and has made several connections in the markets. Other than distributing its perishable items, they are also engaged in equipment rentals, mostly water coolers that are used in various functions. As the demand for the company’s products expanded, it has also ventured out of the office setting and started catering to homeowners.

Throughout the history of the company, it has made about 16 acquisitions that helped boost the company’s operations. From a small venture, it has grown into a multi-million dollar venture that continues to generate more than $50 million in annual revenue. Currently, there are more than 18,000 customers that rely on the products and services offered by Crystal Rock. The vast majority of these customers is located in the Northeastern region of the United States.

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