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Waterco completed the acquisition of Davey Water Products from GUD for $65m.

Synopsis

Waterco, a pumps and pumping equipment company, completed the acquisition of Davey Water Products, a pumps manufacturer, from GUD, an owner of a portfolio of companies in the automotive aftermarket and accessories sector, for $65m. “The acquisition aligns with Waterco's long-term strategic vision of becoming a global leader in the water technology industry. It positions the company for sustainable growth and enables it to take advantage of emerging opportunities in the market," Soon Sinn Goh, Waterco Founder, Executive Chairman and Chief Executive Officer.

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