Exciting news! Waterco Limited, the global water treatment and pool equipment manufacturer, has officially acquired Davey Water Products Pty Ltd, making it the largest Australian-owned and operated entity in the water industry. This acquisition is a major milestone for both companies with a combined 131-year history in the multi-billion dollar global water industry.

With this acquisition, Waterco is set to expand its reach and provide increased market presence and growth opportunities for shareholders. The potential synergies between Waterco and Davey are enormous. By working together, these two leading players in the pumps, water treatment, and pool equipment market can create a more competitive and stronger water treatment and pool equipment business.

Not only that, but the combined expertise of both companies in research and development will accelerate innovation and foster the development of premium differentiated products. This will give Waterco and Davey a competitive edge in the market.

The acquisition will also lead to improved operational efficiency by sharing resources and best practices. This means lower costs and better customer service.

Waterco is committed to sustainable growth and believes that this acquisition will help it achieve its goals of becoming a global leader in the water technology industry. With a long-range outlook, Waterco is positioning itself for success in the years to come. Davey is an iconic Australian brand, and Waterco is respectful of its long heritage and understands the need for careful planning and execution in order to minimise disruption to the company's operations and reputation.

Stay tuned for more updates on this exciting development!