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New Deal


Announced

Completed

American Water completed the acquisition of Granite City’s wastewater treatment facility for $86m.

Financials

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Transaction Value£66m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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wastewater treatment

Acquisition

Waste and Disposal Services

Majority

Private

Completed

Friendly

Single Bidder

United States

Domestic

Infrastructure

Synopsis

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American Water, an American public utility company, completed the acquisition of Granite City’s wastewater treatment facility for $86m. "We thank the Granite City Council for its vote of confidence, and we look forward to growing our partnership with Granite City residents and businesses. Our company and team of experienced employees are invested in the Granite City community and are well positioned to leverage our resources and expertise to address both their water and wastewater needs for years to come," Rebecca Losli, Illinois American Water President.

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