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New Deal


Announced

Completed

Kurita Water Industries to acquire US Water Services from ALETTE for $270m.

Financials

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Transaction Value£208m
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Private

Friendly

water management

Completed

Water

United States

Single Bidder

Synopsis

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Kurita Water Industries, a leading international water management company, agreed to acquire U.S. Water Services, an integrated water solutions company, which helps to optimize system performance, reduce water and energy use, and improve efficiency, from ALLETE for $270m. “We at U.S. Water Services are grateful for the opportunities provided by ALLETE and look forward to working closely with Kurita’s team to further enhance the services and integrated offerings we provide to our customers, while expanding our U.S. market reach,” said U.S. Water Services CEO LaMarr Barnes.

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