Wastewater

Sylmar Group Acquires Tower Water to Expand Northeast Presence

Sylmar Group, a provider of industrial water and wastewater treatment, has acquired Tower Water, the premier water treatment services provider in New York City. Tower Water will join Sylmar's Water Treatment family of companies, which includes EAI Water, Clearwater Industries, R2J Chemical Services, Eastern Technologies, Butler Chemical, and ProChem Water. The acquisition strengthens Sylmar's position […]

Power and Utilities

American Water, Essential Utilities to Merge in $63B All-Stock Utility Deal

American Water and Essential Utilities agreed to combine in an all-stock merger valued at about $63 billion enterprise value, creating the largest regulated water and wastewater utility in the United States. Essential shareholders will receive 0.305 American Water shares for each Essential share, and will own about 31% of the combined company, while American Water […]