Announced
Financials
Sources
Tags
Majority
Water
Private
Single Bidder
Domestic
Pending
water
Acquisition
water supplier
Friendly
United States
Synopsis
SJW Group, a water utility services provider, agreed to acquire Clear Water Estates Water System, a public water utility provider. Financial terms were not disclosed. “We are eager to have the customers of Clear Water Estates Water System join Canyon Lake Water Service Company. This transaction, if approved by the PUCT, will grow our company and allow for future growth. Customers will benefit by being served by a strong regional company that also has access to national scale and resources to deliver exceptional service and water quality," Eric W. Thornburg, SJW Group Chairman, President and CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.