# Group Machiels acquires majority stake in Waterleau

Group Machiels acquired a 51% majority participation in Waterleau, a green tech company specializing in water and wastewater treatment. The remaining shares stay with founding partners and management.

- Type: Acquisition
- Announced: 2019-07-03
- Where: Belgium
- Status: completed
- Products: water and wastewater treatment, air purification, biogas production, energy recovery
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Waterleau](https://endata.com/companies/38211.md) (target)
- [Group Machiels](https://endata.com/companies/40439.md) (acquirer)

## Sources

- [machiels.com](https://machiels.com/en/group-machiels-becomes-majority-shareholder-of-waterleau/), 2019-07-03: "With the investment, Group Machiels will hold a majority participation (51%)."
- [potatopro.com](https://www.potatopro.com/news/2019/waterleau-announcing-new-shareholder), 2019-08-13: "With this transaction, the Belgian family-owned environmental company Group Machiels becomes 51% shareholder of Waterleau Group."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.