Almar Water Solutions, a leading company in the development and management of water infrastructure and services, and part of Abdul Latif Jameel Energy, has acquired a 50% stake in Aguas San Pedro S.A., a company that operates in the water concession market in Chile, providing services to more than 39,000 customers and serving a population of more than 150,000 inhabitants.
Acquisition
Almar Water Solutions, a leading company in the development of water infrastructure and part of Abdul Latif Jameel Energy, has acquired a 50% stake in the Chilean company Aguas y Riles S.A. The goal of this acquisition is to enable both companies to grow hand-in-hand by sharing expertise, equipment, experience, and technology in the water sector.