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.
Almar Water Solutions
The increase in wine consumption in recent decades has led to a rise in the number of vineyards and wineries around the world. Today, this increased production of grapes and wine, combined with droughts and climate change, mean that now, more than ever, water needs to be used efficiently and sustainably in both cultivation and the wine production process.
Today June 8th, we join the United Nations to celebrate World Oceans Day. “The Ocean: Life and Livelihoods” is the theme for 2021 and reminds us all of the major role the oceans have in everyday life.
On 10 and 11 May, Almar Water Solutions played the leading role in the international water seminars of the international business hub between Europe and Latin America, organized by Madrid Platform. The CEO and several of the company’s directors moderated the sessions and participated in the debates, providing experience and knowledge of the water markets in both regions.
Few companies today, particularly family businesses, can boast three quarters of a century of positively contributing to a sustainable future, combining both commercial and altruistic activities.
However, this is the case for Abdul Latif Jameel, which, following the spirit of its’ late founder, has spent the last seven and a half decades innovating and investing in multiple industries with extensive growth initially throughout Arabia and then beyond, across the rest of the world, working with local, national and international communities.