Founded in 2004, Aguaviva is the leading provider of POU (mains fed) water coolers to the Spanish market. Aguaviva offers a cost-effective, environmentally friendly alternative to traditional bottled water and uses the most advanced water purification technology available. Aguaviva is based in Madrid and prior to the acquisition were the exclusive distributor for Waterlogic in the Spanish Market. The acquisition adds over 7,000 POU water coolers in field.

Waterlogic was acquired in January 2015 by funds managed by Castik Capital S.à.r.l (“Castik”), the European private equity investor. The acquisition of Aguapura Aguaviva, S.L is the tenth manifestation of the company’s buy-and-build strategy since the acquisition by Castik, following substantial acquisitions in the UK, Australia, Norway, Denmark, USA and Sweden. Castik believes that this buy-and-build strategy in a fragmented market, coupled with tenacious organic growth in a growing industry with high recurring revenues, can create significant value.