Waterlogic announces the acquisition of Taylor Made Water Systems Inc.

Oct. 11, 2012

OMAHA, Neb. — Following completion, Taylor Made will become a subsidiary of Waterlogic USA.

OMAHA, Neb. — Waterlogic Plc, a designer, manufacturer and global distributor of point-of-use (“POU”) drinking water purification and dispensing systems, is pleased to announce that it has agreed to acquire the entire share capital of Taylor Made Water Systems Inc, a well-regarded vendor of water dispensers and coffee machines based in Northern California, USA from the Taylor family, according to a press release.

Taylor Made has an existing installed base of over 4,800 water dispenser and coffee machines located in the San Francisco bay area.

[Related content: Waterlogic wins award for ‘outstanding website’]

Following completion, Taylor Made will become a subsidiary of Waterlogic USA, the Company's U.S. division, noted the release.

The unaudited financial statements of Taylor Made for the full year ending 31 December 2011 show consolidated revenues of $4.38 million and EBITDA of $0.58 million, stated the release.

[Related content: Waterlogic announces expanded roles of Sergio Leymarie and Dave Luckner]

Jeremy Ben-David, Waterlogic, Group CEO, commented, “Taylor Made is our first U.S. west coast acquisition and is an important step to enhance our North American presence,  providing a solid platform for continued accretive growth in the region.”

Read the entire press release here.

Sponsored Recommendations

NFPA 70B a Step-by-Step Guide to Compliance

NFPA 70B: A Step-by-Step Guide to Compliance

How digital twins drive more environmentally conscious medium- and low-voltage equipment design

Medium- and low voltage equipment specifiers can adopt digital twin technology to adopt a circular economy approach for sustainable, low-carbon equipment design.

MV equipment sustainability depends on environmentally conscious design values

Medium- and low voltage equipment manufacturers can prepare for environmental regulations now by using innovative MV switchgear design that eliminates SF6 use.

Social Distancing from your electrical equipment?

Using digital tools and apps for nearby monitoring and control increases safety and reduces arc flash hazards since electrical equipment can be operated from a safer distance....