Castik Capital has acquired a majority stake in WATR Group, enhancing its position in groundwater management and purification services in Germany and the Netherlands.
Information on the Target
WATR Group is a prominent player in groundwater management and purification services, primarily operating in Germany and the Netherlands. The company specializes in various water management solutions including dewatering services, mobile water purification, temporary pump installations, and ground protection products. As a leading provider for infrastructure construction projects, WATR Group is integral in helping the industrial and construction sectors comply with environmental and sustainability standards for water management.
Under the continued leadership of CEO Steffen Saur, along with his dedicated executive management team, WATR Group aims to enhance its market position and expand its service offerings. The team will also invest in the company as part of its strategic transaction with Castik Capital.
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Industry Overview in Germany and the Netherlands
The water management industry in Germany and the Netherlands is characterized by a growing demand for sustainable practices and innovative technologies. The increasing focus on environmental sustainability has led to signifi
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Castik Capital S.à r.l.
invested in
WATR Group
in 2024
in a Buyout deal