Culligan Acquires AquaVenture; Divests Seven Seas Water to Morgan Stanley Infrastructure Partners
March 30, 2020
Culligan International Company completed its acquisition of AquaVenture Holdings Limited and simultaneously divested the Seven Seas Water operating segment to Morgan Stanley Infrastructure Partners. Culligan will retain the Quench business (bottle-free, point-of-use water systems) to expand its consumer and office water-as-a-service offerings.
- Targets
- AquaVenture Holdings Limited, Seven Seas Water
- Sellers
- Culligan International Company
- Industry
- Environmental Services
- Location
- Florida, United States
- Transaction Type
- Buyout
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