The Online Investor

Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Fri., Feb. 3, 11:28 AM

Slide #24. Global Water Resources, Inc. Farmers Water Co

Acquirer: Global Water Resources, Inc. (NASDAQ:GWRS)
Acquiree: Farmers Water Co
Details: Global Water Resources, Inc. (NASDAQ:GWRS), (TSX:GWR.CA), a pure-play water resource management company, has completed the previously announced acquisition of Farmers Water Co., a subsidiary of Farmers Investment Co. (FICO) located in Pima County, Arizona.

Global Water Resources is a water resource management company that owns, operates, and manages water, wastewater, and recycled water utilities in communities, principally in metropolitan Phoenix, AZ. Co. treats water to potable standards and also treats, cleans, and recycles wastewater for a variety of non-potable uses. Co.'s utilities employ groundwater systems for potable water production. Water is brought to the surface from underground aquifers, disinfected and stored in tanks for distribution to customers. Recycled water is created by taking wastewater and applying tertiary treatment (such as screening and filtration and disinfection processes) to create a non-potable water source.

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Company Name: 
Global Water Resources Inc
Website: 
www.gwresources.com
Sector: 
Water Utilities
Number of ETFs Holding GWRS: 
15
Total Market Value Held by ETFs: 
$17.54M
Total Market Capitalization: 
$353.00M
% of Market Cap. Held by ETFs: 
4.97%
 

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Strong Buy (4.00 out of 4)
89th percentile
(ranked higher than approx. 89% of all stocks covered)

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