January 15, 2025 - 13:52
Global law firm White & Case LLP has provided legal counsel to funds managed by Castik Capital S.à r.l. regarding debt financing aimed at partially funding the acquisition of WATR Group. This strategic move positions Castik Capital to enhance its portfolio in the water management sector.
WATR Group stands out as a prominent entity in the field of water management, operating primarily in Germany and the Netherlands. The group specializes in a range of services, including dewatering and groundwater management, which are essential for various industrial applications. Additionally, WATR Group offers mobile water purification solutions and temporary pump installations, catering to both emergency and planned projects. Their expertise also extends to ground protection products, ensuring safety and efficiency in water management operations.
The acquisition signifies a significant step for Castik Capital, aligning with its strategy to invest in companies that provide critical infrastructure services. This partnership is expected to strengthen WATR Group's capabilities and expand its reach in the water management industry.
