Waterlogic, a leading global designer, manufacturer, distributor and service provider of purified drinking water dispensers, is pleased to announce the acquisition of Tipperary Water’s water cooler business.
Tipperary Water, a leading Irish water cooler company with over 12,000 machines in field, has offered a range of bottled water coolers and mains-fed dispensers as well as packaged water to businesses across the Island of Ireland for over 25 years. The company is owned by C&C Group plc, a leading manufacturer, marketer and distributor of premium branded cider, beer, wine and soft drinks.
Founded in 1992, Waterlogic has pioneered the application of advanced technology in the design of its water dispensers in support of its mission to deliver the safest, best-tasting water in the most sustainable way to organisations around the world. Waterlogic operates in Ireland, the UK and throughout Europe, the Americas and Australia, and has an extensive independent global distribution network reaching over 50 countries.
Greg Pritchett, Managing Director Waterlogic UK & Ireland said, “The acquisition of Tipperary Water has established Waterlogic’s Irish business very well to serve our customers and more generally, delivering on our strategy for local growth and regional alignment within the UK and Ireland region. We look forward to bringing the team on board to continue driving excellence for their customers and building on the success the company has enjoyed as the largest water cooler company in the island of Ireland.”
The acquisition doubles the size of the Waterlogic Ireland team based in Dublin and marks a significant milestone in the growth of the company’s market share in the Republic of Ireland and Northern Ireland. Following this acquisition of Tipperary’s water cooler business, Waterlogic will continue to purchase bottled water from C&C Group’s Clonmel plant in County Tipperary.
Tom McCusker, Managing Director, C&C Ireland said, “This deal sees the coming together of the most recognisable brand of water in the region with the expertise of an outstanding global company. Tipperary Water Cooler company has been a great asset of C&C Group over a number of years but Waterlogic is now the ideal owner of the business for the next stage of its development. Tipperary Water Cooler company will continue to offer the same high-quality brand of naturally sourced water that our customers have come to depend on, together with the scale and operational efficiencies of a global player in the market.”
Waterlogic was acquired in January 2015 by funds managed by Castik Capital, the European private equity investor. Tipperary Water Cooler company is the most recent acquisition as part of the company’s buy and build strategy since the acquisition by Castik, and following substantial acquisitions in the U.S. and Canada, UK, Australia, Spain, France, Germany, Latin America and Scandinavia.
Media Contact
Rosanna Turner, Group Marketing Communications Manager
rosanna.turner@waterlogic.com
About Waterlogic
Waterlogic is an innovative designer, manufacturer, distributor and service provider of drinking water dispensers and accessories designed for environments such as offices, factories, hospitals, restaurants, hotels, schools and public spaces. From freestanding, countertop and integrated dispensers to water filling stations, fountains and boilers, every solution focuses on delivering the best quality water in the safest and most sustainable way. An extensive range of consumables and accessories adapts to customer needs and is available on subscription service to guarantee cost savings and continuous supply.
Founded in 1992, Waterlogic was one of the first companies to introduce mains-fed dispensers to customers worldwide, and has been at the forefront of the market promoting product design and water quality, the application of proprietary technologies, sustainability and world-class sales and service.
Waterlogic has its own subsidiaries in 17 countries and its leading markets are the U.S., Australia and Western Europe, in particular the UK and Germany. The company drives growth organically and through M&A to consolidate its lead in existing territories and extend its reach to new markets. In addition, Waterlogic’s extensive and expanding independent global distribution network spans over 50 countries around the world in North and South America, Europe, Asia, Australia and South Africa. Its far-reaching market coverage means Waterlogic is the only water dispenser provider able to cover the full geographical needs of global customers under one roof. More information can be found at www.waterlogic.com