Waterlogic acquires two new brands

Acquires two major water dispenser businesses in the U.S.

Waterlogic has announced the acquisitions of Pure Water Technology (PWT) Ohio and PWT Georgia, two major water dispenser businesses in the U.S.

Jeremy Ben-David, Group CEO Waterlogic said, “These are two very significant acquisitions for Waterlogic in the U.S. and we’re very excited about the new opportunities they create for us. PWT Georgia and PWT Ohio will be fully integrated into the Waterlogic family, giving their existing customers continued access to outstanding service and introducing Waterlogic’s range of cutting-edge hydration solutions.”

Tom Skerl, owner of PWT Ohio and PWT Georgia said, “Waterlogic was the natural acquirer for our businesses. I am delighted that our customers and employees will be joining Waterlogic and look forward to seeing PWT Ohio and PWT Georgia go from strength to strength under Waterlogic’s ownership.”

The deals add 11,000 dispensers and take the total Waterlogic dispensers in North America to over 130,000 following on from several other significant acquisitions in 2019.

“We have achieved a formidable year of acquisitions to date. We continue to maintain a healthy pipeline to augment organic growth in all our markets. We’re on track for a strong close to the year and welcome additional conversations from companies looking to become part of the Waterlogic family”, continues Jeremy Ben-David. 

Waterlogic was acquired in January 2015 by funds managed by Castik Capital, the European private equity investor. These are the most recent acquisitions as part of the company’s buy and build strategy since the acquisition by Castik, and following substantial acquisitions in the US, UK, Australia, Germany, France, Spain, Central and Eastern Europe, and Scandinavia.