DLA Piper has advised Waterlogic Australia Holdings Pty Limited on its purchase of the Australian business of New Zealand stock exchange-listed Just Water International Limited for AU$11 million.

Waterlogic Australia is a subsidiary of the Waterlogic group, which is a leading provider of point-of-use (POU) water purification systems and dispensers throughout offices, schools, hospitals, restaurants and homes across Europe, the United Kingdom, North America and Australia. The acquisition increases Waterlogic's market share in the POU market in Australia.

Just Water International Limited operates in New Zealand supplying water-coolers, drinking water and filters for the home and office. The company was listed on the New Zealand Stock Exchange (Alternative Market) in 2004.

Waterlogic is an international organisation operating in more than 50 countries. The Australian operations were acquired through the acquisition of Cool Clear Water Group Ltd in 2013, on which DLA Piper also advised Waterlogic.

The acquisition by Waterlogic of the Australian business of Just Water International Limited was led by DLA Piper partner Dr. Gerry Bean and senior associate Dylan Burke, with assistance from Martin Wiseman and Chris Liddall from DLA Piper New Zealand.