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New Deal


Announced

Completed

Culligan International completed the acquisition of a stake in international businesses from Primo Water for $575m.

Financials

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Transaction Value£473m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Acquisition

purified water

Majority

United States

Private

Friendly

Single Bidder

Soft Drinks

Completed

Synopsis

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Culligan International, a United States based global water treatment company, completed the acquisition of a stake in international businesses from Primo Water, an American-Canadian water company, for $575m. “This is a significant milestone in our ongoing development. It enhances our scale and capacity within the EMEA region, reaffirming our ambition and long-term vision to bring more consumers the Culligan water they love. Culligan and Primo Water share the same passion for providing healthy, sustainable and better-tasting water that inspires healthier lives, healthier communities and a healthier planet,” Scott Clawson, Culligan International Chairman and CEO.

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