Atlantic Grupa Invests €11m in Waterdrop, Gains Investment Committee Seat
Atlantic Grupa has invested €11m to acquire a minority stake in hydration brand Waterdrop, securing a seat on its investment committee to support future growth. Waterdrop, which manufactures sugar-free “microdrink” cubes at its German facility, reported about €150m in annual revenue, operates profitably and runs around 50 retail stores globally.
1. Investment Details
Atlantic Grupa has committed €11m to acquire a minority stake in Waterdrop, securing a seat on its investment committee. The deal grants direct insight into governance and positions the FMCG group to support product development and market expansion.
2. Waterdrop Profile
Founded in Vienna, Waterdrop sells sugar-free “microdrink” cubes made with fruit and plant extracts, manufactured at its German facility. The brand reported approximately €150m in annual revenue, operates profitably and manages around 50 retail stores across Europe, the US, Australia and Japan.
3. Strategic Rationale
The investment taps into consumer trends including premiumisation, functional hydration, reduced sugar consumption and sustainability. It builds on Atlantic Grupa's existing distribution partnership in Austria, Croatia, Serbia and Slovenia, aiming to replicate success across additional markets.
4. Atlantic Grupa Financial Performance
In Q1 2026, Atlantic Grupa's revenue rose 14.5% year-on-year to €300.7m with net profit up 78% to €10.8m. The group targets full-year 2026 revenue above €1.25bn, EBITDA exceeding €110m and capex above €60m, underscoring capacity for selective M&A.