Waterlogic Acquires Home Business Solutions (HBS) in Portugal
September 3, 2021
Waterlogic has acquired Home Business Solutions (HBS), a Portugal-based distributor and service provider of coffee machines, consumables and point-of-use (POU) water dispensers. The acquisition establishes a direct Waterlogic presence in Portugal, adds ~17,000 daily-served customers and a 16-person team across Lisbon and Porto as part of Waterlogic's buy-and-build growth strategy under its Castik Capital-backed ownership.
- Buyers
- Waterlogic
- Targets
- Home Business Solutions (HBS)
- Platforms
- Waterlogic
- Industry
- Industrial Services
- Location
- Portugal
- Transaction Type
- Addon
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