Ellex, working alongside Baker McKenzie, has advised Culligan International on its acquisition of Primo Water Corporation’s European business in an all-cash transaction valued at up to USD 575 million.
According to Ellex, the transaction excludes the Aimia Foods, United Kingdom, Portugal, and Israel businesses of Primo Water Corporation.
Culligan International is a portfolio company of BDT Capital Partners. Founded in 1936 and headquartered in Rosemont, Illinois, it is a global water treatment company.
Primo Water Corporation is a sustainable drinking water service provider
The Ellex team included Lithuania-based Partner Jaunius Gumbis and Senior Associate Nerijus Patlabys, Latvia-based Senior Partner Filips Klavins, Associate Partners Irina Rozensteina and Anete Puce-Dimitrovska, and Senior Associate Ints Skaldis, and Estonia-based Partner Gerli Kivisoo and Senior Associate Hanna Pahk.
Ellex was unable to provide additional information on the deal.