Aqua Vital Acquires Revos to lead Germany water cooler industry

September 1, 2014

German water cooler company Aqua Vital, founded in 1999 and based in Neuss/North Rhine Westphalia, has acquired Munich-based Revos Watercooler. The acquisition takes Aqua Vital's market share to around 40%.

Equity business *Halder Beteiligungsberatung had completed a management buyout of Aqua Vital in July 2013. The acquisition significantly broadens Aqua Vital's position in the growing German water cooler market.
Revos was established in 1993 and has comprehensive know-how in reverse osmosis, a technology used in spring and drinking water filtration. Since 1996, business has focused on bottled water coolers and the company currently has an installed base of more than 15,000 coolers. Revos also provides mains-fed water coolers. Total sales amounted to more than €6m in 2013.

*Halder has been active in Germany since 1991 and has provided 36 SMEs with capital for ownership succession and growth.

Source: Zenith