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American Water Works acquires Nexus Water Group for $315M

PUBLIC · AWKJun 02, 2026

Acquiring Company

American Water Works Company

Acquired Company

Nexus Water Group

CamdenSugar LandWaterWater PurificationWaterWater Purification

Description

American Water Works Company, Inc. has completed a $315 million acquisition of Nexus Water Group systems across eight states. This strategic move is aimed at expanding their regulated footprint and enhancing long-term growth potential. The acquisition includes utility systems in states such as New Jersey, Virginia, and Pennsylvania.

Quick answer

American Water Works Company is acquiring Nexus Water Group for $315 million, announced June 2, 2026. American Water Works Company is based in Camden, New Jersey, United States.

How much did American Water Works Company pay for Nexus Water Group?
The reported deal value is $315 million.
What does American Water Works Company do?
American Water Works Company, Inc. is the leading North American company in distribution of drinking water and related services.
Where are American Water Works Company and Nexus Water Group based?
American Water Works Company is based in Camden, New Jersey, United States. Nexus Water Group is based in Sugar Land, Texas, United States.

Source: Fundz verified event record.

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Company Information

Company

American Water Works Company

Location

Camden, New Jersey, United States

About

American Water Works Company, Inc. is the leading North American company in distribution of drinking water and related services. The company serves 3.5 million customers in 2023. Its operations include drinking water and sewage treatment as well as maintenance of water equipment. The United States accounts for all net sales.

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Frequently asked

Who acquired Nexus Water Group?

Nexus Water Group was acquired by American Water Works Company, based in Camden. The deal was reported on June 2, 2026. American Water Works Company, Inc. is the leading North American company in distribution of drinking water and related services. The company serves 3.5 million customers in 2023. American Water Works Company is publicly traded (AWK) and operates in Water.

When did American Water Works Company acquire Nexus Water Group?

American Water Works Company's acquisition of Nexus Water Group was reported on June 2, 2026. American Water Works Company, Inc. has completed a $315 million acquisition of Nexus Water Group systems across eight states. This strategic move is aimed at expanding their regulated footprint and enhancing long-term growth potential. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Nexus Water Group do?

Nexus Water Group, Inc. is a leading regulated, private water and wastewater utility with local operations across 20 U.S. states and two Canadian provinces. It is privately held, operating in Water, and is based in Sugar Land.

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