Waterlogic GmbH has acquired Hamburg based ABO Filtertechnik Nord GmbH effective 1 January 2018.
ABO Filtertechnik Nord is one of the leading distributors of point-of-use and bottled water coolers in Northern Germany. The company has operated for more than 20 years, providing its commercial customers with water from its own source as well as a full range of water cooler products and services.
The company was founded by Antje-Kathrin Dresler, Jörn-Uwe Dresler and Gabriele Kummerfeldt and has developed to become a very successful water cooler provider in the North of Germany with a reputation for excellent service and product quality.
Olaf Wilhelm, CEO Waterlogic GmbH, explained: „This acquisition further accelerates Waterlogic’s growth as we continue to build on our market leadership position in point-of-use water dispensers in the German market. We are very impressed with the ABO Filtertechnik Nord team, welcome them to Waterlogic, and are excited about the next chapter in our combined story“
The company’s founders, Mrs. & Mr. Dresler and Mrs. Kummerfeldt, said: „We have spent a significant part of our professional life on the successful development of ABO Filtertechnik Nord GmbH and are delighted to entrust its further growth to the market leader Waterlogic. We are proud of our employees and confident that they will celebrate even more successes as a part of a bigger team.“
Waterlogic was acquired in January 2015 by funds managed by Castik Capital, the European private equity investor. The acquisition of ABO Filtertechnik Nord GmbH is the 14th manifestation of the company’s buy and build strategy since the acquisition by Castik, following substantial acquisitions in the UK, US, Australia, Spain, France, Norway and Denmark.
Waterlogic is an innovative designer, manufacturer, distributor and operator of mains attached POU drinking water purification and dispensing systems designed for environments such as offices, factories, hospitals, hotels, schools, restaurants and other workplaces. Founded in 1992, Waterlogic was one of the first companies to introduce POU systems to customers, worldwide and has been in the forefront of the POU market, promoting product design and quality, the application of new technologies and world class sales and service. Waterlogic has its own subsidiaries in many markets and an extensive and expanding independent global distribution network in place, reaching over 50 countries around the world. Waterlogic products are currently being distributed in North and South America, Europe, Asia, Australia and South Africa. Waterlogic’s leading markets are the US, Australia and Western Europe, in particular the UK, Scandinavia, Germany and France. Waterlogic GmbH with its head office in Bietigheim-Bissingen as well as branch offices in Düsseldorf, Hamburg and Salzburg is Waterlogic’s business unit in the region and the leading supplier of point-of-use water dispensers in Germany and Austria.