Founded in 1954, Culligan Québec offers water treatment solutions for the residential, industrial and commercial sectors. Until its purchase by
"The water treatment sector offers excellent growth potential, in terms of both organic growth of operations and consolidation of the many players across
"Interest in water quality is growing non-stop as this resource, which is so important for everyone's health, becomes increasingly scarce. With NBPI, we have a strong strategic partner we can count on for support as we set up our sustained growth strategy," added
Main uses of Culligan products and services:
- Residential: water softeners, filters and reverse osmosis systems to improve drinking water, care for sensitive skin and protect appliances.
- Commercial and Industrial: water purification and stabilization for industrial processes, in particular for food processing plants, microbreweries, distilleries, vaccine production plants, hydrogen production, etc.
"In the coming years, demographics will lead to many businesses changing hands. We have the capital and expertise needed to support entrepreneurs who are looking to purchase these businesses and ensure their continuity. Simon and Jérôme have the talent, determination and vision to make Culligan Québec even more successful and we're proud to support them," said Luc Ménard, Executive Vice-President, Managing Director and Head of Private Investments at
With $370 billion in assets as at
National Bank Investments Inc., using the business name
™
Culligan delivers better water for its clients in their homes, offices, businesses and industrial facilities around the world. Its product range of water softeners, water filtration systems, commercial and industrial water treatment solutions, drinking water systems, whole-house filtration systems and bottled water delivery have set the standard for the water treatment industry. Culligan was founded in 1936 as a provider of home water softening systems and has since grown into a global leader in water treatment needs, from the simplest filtration systems to complex industrial water solutions.
SOURCE
© Canada Newswire, source