Waterland completed the acquisition of a majority stake in X²O.

Waterland, a private equity firm, completed the acquisition of a majority stake in X²O, an omni-channel retailer of visible sanitary equipment and furniture. Financial terms were not disclosed. “We look forward to entering this new phase of growth with Waterland. Our company has significant experience collaborating with investors to achieve important milestones, and we are confident that Waterland’s strong track record and strategic approach make them the ideal partner for us. This carefully considered partnership ensures continuity, enabling us to further expand our presence and continue delivering superior value and experiences to our customers,” Peter Demets, X²O CEO.