Argand Partners (“Argand”), the New York‐based private equity firm, today announced the acquisition of Oase Management GmbH (“OASE”). Terms of the transaction were not disclosed.
OASE is the leading global provider of outdoor water gardening products with a growing presence in indoor aquatics products, which are sold under their biOrb and Highline programs. Founded in 1949, in Hörstel, Germany, OASE benefits from almost 70 years of brand heritage and is well‐known for its highly innovative and quality‐leading product solutions. The Company’s products stand for cutting‐edge design and exceptional ease‐of‐use. OASE is also a leader in complex fountain technology and has extensive experience designing large‐scale projects globally, including The Island in Pigeon Forge in Tennessee, USA; Dancing Fountain at The World Towers in Mumbai, India; and Crane Dance at Sentosa Island in Singapore.
