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Announced

Completed

Saur to acquire Naunet.

Synopsis

Saur, a France-based company engaged in providing water management services, to acquire Naunet, a Colombia-based water utility group. Financial terms were not disclosed. This external growth allows Saur to enter a new phase of its international development strategy by setting up in Latin America. "Our acquisition of Naunet is fully consistent with the Group's ambitions for 2023 and its desire to accelerate international expansion through targeted acquisitions in high-potential regions. Naunet will provide a platform for Group development in Colombia and a base for wider expansion in Latin America.” Louis-Roch Burgard, Executive Chairman, Saur.

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