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From Heckmann's (HEK) S-4 filed June 16th 2008:

On June 12, 2008, China Water (CWDK.OB) executed a definitive agreement relating to the acquisition of 67% of the equity of Guangzhou Grand Canyon Distilled Water Co. Ltd. (“Grand Canyon”), a distilled bottled water producer and distributor that has an established brand awareness, a well-established distribution network in Guangdong Province, and an annual production capacity of 240.2 million small bottles and 9.6 million carboy bottles. The consideration for the acquisition will consist of $19.1 million, payable in cash at closing. China Water