Magnolia Water Utility Operating Co. has acquired 1 company, including 1 in the last 5 years.
Magnolia Water Utility Operating Co. has acquired in 1 US state. The Company’s most targeted sectors include utilities (100%).
| Date | Target |
Value
$mlns |
Transaction Type | Acquirer | Seller |
SRC
Link |
|---|---|---|---|---|---|---|
| 2021-01-01 |
Guste Island Utility Co. · Utilities
Mandeville, Louisiana · www.gusteislandutility.com Guste Island’s facilities serve more than 1,200 residences and commercial customers in St. Tammany Parish. Guste Island has had a history of operational issues, most related to sediment in the drinking water. While projects were completed within the past year attempting to remedy these issues, including well screen repairs, removal of sediment from the hydropneumatic tank and water lines, and installation of automatic flushing devices, these sediment issues have persisted. |
- | Add-on Acquisition | - |
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