Waterlogic Americas expands its footprint in the Carolinas
Grapevine, TX, February 26th, 2021 --- Waterlogic, a vertically integrated global designer, manufacturer, distributor, and service provider of drinking water systems, is pleased to announce the acquisition of Merus Refreshment Services. Merus is a provider of Waterlogic bottleless water coolers and specialty consumable products. Merus has been owned and operated by Steve Bailey and Steve Gilcrease in Greenville, South Carolina, since 1998.
"We are excited to announce the sale of our business to Waterlogic, a company we have been a proud dealer of for decades. While we have acquired companies in the past, it is our first time on this side of things, but the M&A team led us through the process and worked with us every step of the way. We have no doubt that our customers, both POU and coffee, should expect the same great service they have received over the past 23 years." Steve Bailey and Steve Gilcrease, Owners, Merus Refreshment Services
The acquisition adds significant density to Waterlogic’s existing POU and consumable operations in the Carolinas.
"I am happy to announce the acquisition of Merus Refreshment Services. Steve and Steve have built up a great business during their tenure in the industry. We are excited for the growth this acquisition will provide for both our POU and Specialty groups." Casey Taylor, CEO, Waterlogic Americas
This marks Waterlogic Americas’ 1st acquisition of 2021. This acquisition signifies another step in Waterlogic's path toward its growth objectives. Waterlogic is dedicated to growth in the Americas, both through organic sales and acquisitions.
More on Waterlogic’s M&A process can be found at www.waterlogic.com/en-us/merger-and-acquisitions or by reaching out directly to our M&A team.
Joshua Forcum, Vice President of M&A, 765-499-7256 or joshua.forcum[at]waterlogicusa.com