Thursfields has advised Swedish based WTR Group on its acquisition of Euroflo Fluid Handling.

WTR Group is a growing group of expert companies serving the water and wastewater market with independent solutions of the highest quality. WTR Group is backed by Aspira Partners.

Euroflo is a renowned supplier of premium pumps and equipment with a focus on submersible pumps, end suction pumps, and vertical multistage pumps. Euroflo also offers services such as on-site assessments, custom pump configurations, maintenance and hire solutions for temporary dewatering needs.

Khashayar Nikavar, COO of WTR Group, said in relation to Euroflo, “We are very impressed with the company and its exceptional team, which has been built over a long time. Euroflo is a strong entrepreneurial company with a solid position in the UK market and we are excited to be able to support the team in their continued growth. Additionally, this marks WTR’s entry into the UK market where we see large potential for future growth”.

Joseph Lavelle (seller) commented, “We are very glad to have partnered with WTR group. We get access to knowledge and support from within the industry and can at the same time continue to build and grow Euroflo. We see large growth potential in UK and Ireland and look forward to the journey with WTR”.

The Thursfields team was led by Gareth Burge with support from Joe Rollins and Michael Kokkinoftas (corporate), Ben Lyons (commercial real estate) and Lisa Moore (employment).

Gareth Burge commented, “We are delighted to have supported WTR on this latest transaction, which marks the starting point for its expansion into the UK and Ireland. It has been a pleasure working with the WTR and Aspira teams and we look forward to supporting the future growth of the group.”

Financial and tax advice to WTR Group was provided by Wilson Partners. The sellers of Euroflo Fluid Handling were advised by Bird & Bird.