Announced
Financials
Tags
Domestic
United Kingdom
water supply
Water
Pending
Majority
Private Equity
Single Bidder
Acquisition
Friendly
Private
Synopsis
Pennon Group, a UK-focused water infrastructure group, agreed to acquire Bristol Water, a water supply company, from iCON Infrastructure, an investment group, and ITOCHU, a Japanese corporation based in Umeda, for £814m ($1.1bn). "Bristol Water brings great people and a great business to Pennon and I am hugely excited about building a future together," Susan Davy, Pennon CEO.
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