You may or may not be aware that Waterlogic Australia has bought the entire shares of Billi Group. Waterlogic recognises the inherent brand value of Billi and to this end will leave it standing as a separate entity in its own right.
For Waterlogic Australia it is a strategic acquisition rather than a merger of any kind and therefore all staff and existing dealings will remain as they have been to date. Clearly, it brings a huge benefit to Billi in those countries where they are not currently represented since Waterlogic have the infrastructure in place to accelerate the entry of Billi into those regions.
Click here for more information on the acquisition.