Latest Articles

Plastic Free July encourages us all to reduce plastic waste

Read more

Culligan International and Waterlogic Group Holdings complete combination

Read more

Culligan agrees to divest Billi to Strix as it seeks clearance for its global combination with Waterlogic

Read more

Waterlogic presents the Oceansaver Accolade to Ernst & Young Deutschland for its ecological commitment

Read more

Purezza presents the Oceansaver Accolade to Sausalitos for its ecological commitment

Read more

Waterlogic raises Add On Financing

Logo

Today (28 September 2020) Waterlogic Holdings Limited (“Waterlogic”) priced and allocated a €85m add-on Term Loan. The add-on Term Loan is denominated in EUR and is fungible with the existing EUR Term Loan Facility (€410m). Proceeds from the offering will be used to refinance RCF drawings, add cash on balance sheet to provide additional funding for potential future bolt-on acquisitions, general corporate purposes and pay transaction fees and expenses. Goldman Sachs International acted as Sole Bookrunner on the transaction.

Founded in 1992, Waterlogic is a designer, manufacturer, distributor, and service provider of drinking water dispensers and solutions. The company has its own subsidiaries in 17 countries and its leading markets are the U.S., Australia, and Western Europe, in particular the U.K. and Germany. In addition, its extensive independent global distribution network reaches over 50 countries around the world. Waterlogic was acquired by funds managed by Castik Capital in January 2015 and under the private equity firm's ownership has pursued a buy and build growth strategy.