Waterlogic, an international clothier, producer, distributor and repair supplier of purified consuming water dispensers, has introduced the purchase of Hidrospot.
Established in 2009, Hidrospot has observed rapid expansion throughout Colombia to experience a marketplace main place in point-of-use (POU) with circa 5,000 consuming water dispensers situated in nationwide banks, multi-national companies, production and schooling institutions. The corporate is headquartered in Bogotá with 40 workers.
Founded in 1992, Waterlogic has pioneered the applying of complex era within the design of its water dispensers to ship the most secure, best-tasting water confirmed efficient towards COVID-19, in probably the most sustainable solution to organisations all over the world. Waterlogic is a vertically built-in corporate working all over Europe, the Americas and Australia with its personal production operations in Australia, China and the U.S, and an in depth unbiased world distribution community achieving over 50 nations.
The deal builds on Waterlogic’s expansion ambition in Latin America following their marketplace access with the purchase of Aquafree Chile in 2019.
Jeremy Ben David, Waterlogic founder and staff leader government stated: “Their local market knowledge, expert team and established customer base makes Hidrospot the natural partner to support Waterlogic’s growth ambition in Colombia and across the region. We look forward to welcoming the Hidrospot team under the leadership of Patricia Restrepo and Juan Felipe Borrero, to continue the outstanding hard work and dedication to the hydration needs of their customers they have provided over the last 11 years.”
Both corporations proportion equivalent values; that specialize in very good customer support and offering the most productive and most secure consuming water answers to all sorts of organisations with out the desire for plastic bottles.
Patricia Restrepo, Hidrospot founding spouse, and Juan Felipe Borrero, Hidrospot founding spouse and common supervisor, commented: “We are very happy to become part of this amazing team and we value the development, growth and business opportunities that Waterlogic brings. We look forward to introducing premium high-volume solutions for the hospitality sector as well as COVID-secure dispensers providing value-added peace of mind to our customers in Colombia.”
Waterlogic was once received in January 2015 by means of price range controlled by means of Castik Capital, the European non-public fairness investor. Hidrospot is the latest acquisition as a part of the corporate’s purchase and construct technique because the acquisition by means of Castik, and following considerable acquisitions within the U.S. and Canada, UK, Australia, Spain, France, Germany, Latin America and Scandinavia.
