BDT Capital, a merchant bank, completed the acquisition of Culligan, an American water treatment company, from Advent International and Centerbridge Partners, for $5.86bn. “Culligan is the innovative pioneer in clean and safe water solutions that has grown to become one of the world’s most trusted brands, led by Scott Clawson and a highly-experienced management team who share our commitment to providing families and communities with healthier water while reducing plastics consumption,” Scott Hasley, BDT Capital Partners Managing Director.