Acquisitions · Water treatment engineering
Metawater to buy US water treatment firm Aqua-Aerobic Systems for about ¥10.4 billion
- Buyer
- Metawater (via Metawater USA) (Tokyo)
- Target
- Aqua-Aerobic Systems, Loves Park, Illinois
- Value
- About ¥10.4B (about $86M) for 100%
- Status
- Announced on October 28, 2015; closing was scheduled for early January 2016.
- Date
- 2015-10-28
Metawater said it would buy all shares of Aqua-Aerobic Systems, a water treatment engineering company in Loves Park, Illinois, through its US subsidiary Metawater USA. The price was about ¥10.4 billion. Closing was scheduled for early January 2016.
Why it matters
The deal gave Metawater an established US water treatment business to sell its technology through.
Sources
Kakehashi M&A News home
