Announced
Synopsis
Argand Partners, the middle market buyout firm, and it's subsidiary Oase Living Water, water gardening products provider, acquired the German-based Söll Group, a leading supplier of specialized water treatment products. Financial terms were not disclosed. “Söll’s expertise is highly complementary to OASE’s current line of products and services,” said Thorsten Muck, CEO of OASE. “OASE’s customers, from hobbyists to expert users to commercial contractors, stand to greatly benefit from Söll’s solutions. The acquisition is an exciting milestone for OASE and promises to open up myriad business opportunities.”
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