Watertec

Watertec sells its majority stake to Warburg Pincus

EY has successfully advised Watertec (India) Private Limited (Watertec) on its majority stake sale to Warburg Pincus for a consideration of US$330 million.

EY has successfully advised Watertec (India) Private Limited (Watertec) and its shareholders on the sale of its business to Warburg Pincus.

EY acted as the exclusive financial advisor to Watertec and its shareholders.


We are pleased to have advised Watertec and its shareholders on this landmark transaction in the building materials segment. With Warburg’s investment, Watertec will further consolidate its leadership position in the market and continue to provide world-class polymer-based plumbing products in India and overseas. This marquee transaction is the largest PE buy-out deal in the building material segment. With this transaction, EY has further cemented its position as the leader in the building material and consumer segment deal-making segment.