Announced
Completed
Financials
Tags
Friendly
Portugal
Cross Border
Single Bidder
water supply
Water
Acquisition
Majority
Private
Completed
Synopsis
Saur, a French water management and leisure management company, completed the acquisition of Aquapor, a provider of water supply and waste water sanitation services. Financial terms were not disclosed. “With the acquisition of Aquapor, Saur further accelerates its internationalization to reach €1.8bn revenues in 2021. The addition of Aquapor is margin accretive while preserving the existing growth profile, with strong and predictable cash flows. I am very happy to welcome Aquapor’s team to the Group: from now on over 10.000 people share the common mission to stand for water across all territories. We keep building, through this announcement, a leading and sustainable Company committed to the ecological transition," Patrick Blethon, Saur Executive Chairman.
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