Artesian Water Company, Inc. Closes On The Acquisition Of Town Of Clayton Water System
May 26, 2022•over 3 years ago
Acquiring Company
Artesian Resources
Acquired Company
Town Water System
Natural Resources
Description
Artesian Water Company, Inc., a subsidiary of Artesian Resources Corporation (Nasdaq: ARTNA), closed on the acquisition of the water system of the Town of Clayton, Delaware on May 26, 2022. The sale and transfer of assets from the Town of Clayton to Artesian Water Company was approved by the Delaware Public Service Commission on April 20, 2022.
FundzWatch™ Score
62
High M&A Activity
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Tech stack consolidation
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Post-acquisition investment
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