Castik Capital Acquires Majority Stake in WATR Group
November 27, 2024
Funds managed by Castik Capital S.à r.l. have agreed to acquire a majority stake in WATR Group from funds advised by Borromin Capital. WATR Group’s CEO Steffen Saur and the executive team will remain and invest alongside Castik as the company pursues capacity expansion, capability development in water treatment services and potential geographic growth in Germany and the Netherlands.
- Buyers
- Castik Capital S.à r.l.
- Targets
- WATR Group
- Sellers
- Funds advised by Borromin Capital Management GmbH
- Industry
- Environmental Services
- Location
- Lower Saxony, Germany
- Transaction Type
- Buyout
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