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Consolidated Water Group Acquires Ramey Environmental Compliance, Broadening Presence In Water-Stressed Western U.S.

PRIVATENov 06, 2023

Acquiring Company

Consolidated WaterLtd

Acquired Company

Ramey Environmental Compliance

Grand CaymanFrederickManufacturingEnergyWaterWater PurificationWaterEnvironmental Consulting

Description

Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading developer and operator of advanced water supply and treatment plants, announced that its wholly-owned subsidiary, PERC Water Corporation (PERC), has acquired a 100% ownership interest in Ramey Environmental Compliance (REC) for a total consideration of $4.2 million in cash.

Quick answer

Consolidated WaterLtd is acquiring Ramey Environmental Compliance, announced November 6, 2023. Consolidated WaterLtd is based in Grand Cayman, Grand Cayman, Cayman Islands.

How much did Consolidated WaterLtd pay for Ramey Environmental Compliance?
The deal value was not disclosed.
What does Consolidated WaterLtd do?
Consolidated Water Co. Ltd. develops and operates advanced water supply and treatment plants and water distribution systems.
Where are Consolidated WaterLtd and Ramey Environmental Compliance based?
Consolidated WaterLtd is based in Grand Cayman, Grand Cayman, Cayman Islands. Ramey Environmental Compliance is based in Frederick, Colorado, United States.

Source: Fundz verified event record.

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Company Information

Company

Consolidated WaterLtd

Location

Grand Cayman, Grand Cayman, Cayman Islands

About

Consolidated Water Co. Ltd. develops and operates advanced water supply and treatment plants and water distribution systems. The company designs, builds and operates seawater desalination facilities in the Cayman Islands, The Bahamas and the British Virgin Islands, and designs, builds and operates water treatment and reuse facilities in the United States. The company recently entered the U.S. desalination market with a contract to design, build, operate and maintain a seawater desalination plant in Hawaii.

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Frequently asked

Who acquired Ramey Environmental Compliance?

Ramey Environmental Compliance was acquired by Consolidated WaterLtd, based in Grand Cayman. The deal was reported on November 6, 2023. Consolidated Water Co. Ltd. develops and operates advanced water supply and treatment plants and water distribution systems. Consolidated WaterLtd is privately held and operates in Manufacturing.

When did Consolidated WaterLtd acquire Ramey Environmental Compliance?

Consolidated WaterLtd's acquisition of Ramey Environmental Compliance was reported on November 6, 2023. Consolidated Water Co. Ltd. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Ramey Environmental Compliance do?

Ramey Environmental Compliance (REC) is a Colorado based company that offers award-winning service in the maintenance and operation of water and wastewater facilities. REC services also include consulting, equipment services and collection services. It is privately held, operating in Water, and is based in Frederick.

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