Verwater, the global provider of industrial and petrochemical plants, confirms that it is in advanced talks with mid-market private equity fund Bregal Fresh Stream ( “Fresh Stream”) with respect to an investment in dilutive.
If these talks result in an agreement, it is anticipated that Fresh Stream will join as a shareholder in Verwater and Verwater Industrial Services. Independent investment Infestos, the current majority shareholder, which has invested in Verwater in 2014, will retain a significant share of Verwater and continue to play a role in the further operational development of the Group. All current minority shareholders will remain investors in the company.
An investment in Verwater would mark the next step in the continued growth of the company, after Infestos together with the operational board and the management team has implemented a successful turnaround in the past two years, making the company has stabilized and a solid platform for offers further growth.