Waterlogic Canada acquires Classwater

31 December 2020

On December 31, 2020, Waterlogic Canada Inc. acquired Classwater Inc., a privately held company headquartered in Markham, Ontario. Classwater is a supplier of point-of-use ("POU") coolers and water filtration systems across Canada.

Waterlogic Canada is a subsidiary of Waterlogic Plc, a leading global designer, manufacturer, distributor and operator of POU drinking water purification and dispensing systems in over 60 countries around the world and headquartered in Maidenhead, UK. Waterlogic Plc was acquired in January 2015 by funds managed by Castik Capital S.à r.l, a European multistrategy investment manager founded in 2014 and based in Luxembourg.

Gowling WLG advised Waterlogic Canada in this acquisition with a team that included Duncan Snyder and Lee Sykes (corporate/M&A).

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