Culligan completes acquisition of AquaVenture, sale of Seven Seas Water

ROSEMONT - Water solutions company Culligan completed its acquisition of AquaVenture Holdings Limited, as well as its sale of AquaVenture division Seven Seas Water to Morgan Stanley Infrastructure Partners.

Culligan will retain the Quench operating segment of AquaVenture, which is a provider of bottle-free, filtered drinking water systems and services, joining Culligan's consumer water service and solutions platform.

"The addition of Quench enhances our position as the global leader in the consumer water market and fits perfectly with our strategy of delivering clean, safe, soft and great tasting water to consumers around the world, whether in the home, in the office, or on the go, said Culligan CEO Scott Clawson.

Culligan announced last December it would acquire Florida-based AquaVenture Holdings n a $1.1 billion all-cash deal. The deal took the publicly-traded company private. Terms for the sale of Seven Seas Water to Morgan Stanley were not announced.