STAVANGER, Norway — Waterlogic Plc, a manufacturer and global distributor of point-of-use drinking water purification and dispensing systems, has acquired Det Stavangerske Kaffeselskap (DSK), a vendor of water dispensers and coffee machines based in Norway.
DSK has an existing contracted customer base of water dispenser and coffee machine users located near Waterlogic’s Stavanger offices.
Following completion, DSK will be merged into Waterlogic Norway during 2012, with the aim of driving turnover and profit growth from cross-selling opportunities and achieving synergies and cost savings in the combined entity.
“DSK is a profitable and highly complementary business, allowing the introduction of Waterlogic’s point-of-use water purification technology and associated products into the DSK customer base,” said Jeremy Ben-David, Waterlogic Group CEO. “The DSK coffee machine business will also be expanded into the existing Waterlogic customer base and branch offices throughout Norway and Denmark.”