Mubadala Investment Company, BDT Capital Partners acquires Culligan

Mubadala Investment Company, BDT Capital Partners (BDT) has acquired the water solution and services company Culligan International (Culligan) in a transaction whose financial terms have not been disclosed. 

"We have built our Private Equity business around identifying world class management teams that operate market leading businesses. Culligan is a prime example of adhering to this strategy and pairs well with our interest in profitably investing in businesses where ESG is at the core of their value proposition to the market, namely the delivery of clean drinking water on a global basis and reducing the use of single use plastic bottles through innovative water solutions, among others,” said Adib Mattar, Head of Private Equity at Mubadala Capital. 

Culligan Middle East operates through facilities in Abu Dhabi, Dubai, Sharjah and Qatar.