Notice Regarding the Acquisition of U.S. Water Services, Inc.
Kurita Water Industries Ltd. is glad to announce that it has decided to acquire 100% of the outstanding shares of Global Water Services Holding Company, Inc. which is a holding company of U.S. Water Services, Inc.
U.S. Water is headquartered in Minnesota and has manufacturing and sales offices across the U.S. It has approximately 5,000 customers and has established strong relationships with blue-chip companies in the U.S. in a wide range of industries, including food and beverage, oil and gas, bioethanol refineries, electric power, light industry and commercial/public facilities. U.S. Water helps these companies save water and energy by providing various water chemicals, facilities and engineering services. Kurita Group will combine U.S. Water’s customer base and sales network with its own competitive products and highly unique services such as pure water supply and wastewater reclamation. Kurita Group will also utilize its IT sensing technology to develop a service contract-based business. Kurita Group will further improve customer relationships and accelerate business development in the U.S. For further information please read the official press release:http://ir.kurita.co.jp/en/reports/security_exchange_report/index.html