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Water Utilities M&A image Water Utilities M&A » By The Online Investor Staff, updated Sat., Aug. 13, 12:21 PM Recent mergers and acquisitions in the Water Utilities M&A category.

Slide #12. Aqua North Carolina, Inc. Fox Run Water Co., Inc. and Moseley-Nash Enterprises, Inc.

Acquirer: Aqua North Carolina, Inc. (WTR)
Acquiree: Fox Run Water Co., Inc. and Moseley-Nash Enterprises, Inc.
Details: Aqua America, Inc. announced that its North Carolina subsidiary, Aqua North Carolina, Inc. (Aqua), has acquired the water system assets of Fox Run Water Co., Inc. and Moseley-Nash Enterprises, Inc. for approximately $175,000. The 12 water systems serve about 1,500 residents in Warren and Northampton counties. At full build-out, these water systems could serve approximately 2,100 residents. The acquisition is the latest for Aqua America, which has completed more than 200 acquisitions and growth ventures over the last decade.

Aqua America is the holding company for regulated utilities providing water or wastewater services in Pennsylvania, Ohio, Texas, Illinois, North Carolina, New Jersey, Indiana, and Virginia. Co.'s operating subsidiary, Aqua Pennsylvania, Inc., provides water or wastewater services and its service territory is located in the suburban areas in counties north and west of the City of Philadelphia as well as in other counties in Pennsylvania. Co.'s other regulated utility subsidiaries provide similar services in other states. In addition, Co.'s market-based activities are conducted through Aqua Infrastructure, LLC and Aqua Resources Inc.

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Company Name: 
Essential Utilities Inc
Stock buyback: 
WTR buyback
Website: 
www.aquaamerica.com
Sector: 
Water Utilities
 

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