Xylem, an American water technology company, will acquire Evoqua Water Technologies, a mission-critical water treatment solutions and services provider, in an all-stock transaction valued at around $7.5 billion. The transaction complements Xylem’s portfolio of solutions with advanced water and wastewater treatment capabilities, an extensive network of service professionals, and access to attractive industrial markets. The […]
American Water’s subsidiary Illinois American Water has acquired the water and wastewater systems of the City of Villa Grove for $11 million. The acquisition adds around 1,489 water and 1,069 wastewater customers to the eastern Illinois service area of Illinois American Water. Justin Ladner – Illinois American Water president said: “Our team is excited to […]
Gradiant, a Boston-based cleantech water treatment solutions provider, has acquired WaterPark Environment Corp, a Taiwanese design and construction company, for an undisclosed price. WaterPark Environment is focused on water technologies for advanced manufacturing of semiconductor, microelectronics, and others in the high tech industries. Its proprietary technologies are built for addressing the variety of water challenges […]
A. O. Smith Corporation, an American water technology company, has acquired Atlantic Filter Corporation, a water treatment company based in Florida, in an all-cash deal. The financial terms of the deal were not revealed. Established in 1955, Atlantic Filter Corporation manufactures water treatment equipment for residential, institutional, commercial, and industrial users. The company’s water treatment […]
Indian conglomerate Larsen & Toubro (L&T) said that its construction arm has won orders for its multiple businesses, worth in the range of INR 1,000 to 2,500 crores. Larsen & Toubro’s water and effluent treatment business has won a contract from the Rural Drinking Water & Sanitation Division, Karnataka. The contract is for constructing drinking […]
SPML Infra Limited, an Indian water infrastructure development company, has won an INR 1,157 crores ($151.6m) contract for the Isarda Dam Project in Rajasthan from the Public Health Engineering Department, Tonk. The bulk water supply project contract, which is under the Rajasthan government’s flagship scheme of Jal Jeevan Mission, calls for ensuring safe drinking water […]
Illinois American Water, a subsidiary of American Water, said that it will invest more than $16 million for upgrading the local water system in Jerseyville, Illinois. The water utility said that the investment will help in the supply of continued reliable, safe drinking water along with upgrades for improved efficiency, safety, and security. Gabe Kuykendall […]
ALTIVIA, a Texas-based chemical manufacturer, has divested its water treatment chemical business to USALCO, a portfolio company of global alternative assets investment firm H.I.G. Capital. The financial terms of the deal were not disclosed. The water treatment business involved in the deal includes ferric and ferrous sulfate production facilities in Houston. J. Michael Jusbasche — […]
