M&A Deal Summary

American Water Acquires Environmental Disposal

On January 4, 2016, American Water acquired utilities company Environmental Disposal

Acquisition Highlights
  • This is American Water’s 2nd transaction in the Utilities sector.
  • This is American Water’s 3rd transaction in the United States.
  • This is American Water’s 1st transaction in New Jersey.

M&A Deal Summary
Date 2016-01-04
Target Environmental Disposal
Sector Utilities
Buyer(s) American Water
Deal Type Add-on Acquisition

Target

Environmental Disposal

Bedminster, New Jersey, United States
Environmental Disposal Corp. is a provider of waste water treatment services. Company provides wastewater service to the more than 5,300 customer accounts in Bedminster and Bernards Townships, N.J. In addition, EDC also provides wastewater treatment service to the Boroughs of Far Hills, Peapack, Gladstone and portions of Bedminster, adjacent to EDC's service territory, on the basis of long term contracts.

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Buyer(S) 1

Buyer

American Water

Camden, New Jersey, United States
Category Company
Founded 1886
Sector Utilities
Employees6,500
Revenue 4.2B USD (2023)
DESCRIPTION

American Water is a geographically diversified United States water and wastewater utility company. The Company's primary business involves the ownership of subsidiaries that provide water and wastewater utility services to residential, commercial, industrial and other customers, including sale for resale and public authority customers. American Water was incorporated in 1886 and is based in Camden, New Jersey.

DEAL STATS #
Overall 3 of 7
Sector (Utilities) 2 of 5
Type (Add-on Acquisition) 1 of 4
State (New Jersey) 1 of 2
Country (United States) 3 of 7
Year (2016) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-18 Keystone Clearwater Solutions

Hershey, Pennsylvania, United States

Keystone Clearwater Solutions LLC is a water service provider offering a range of water-related services to the oil and gas industry primarily in the Appalachian region of Pennsylvania, Ohio and West Virginia.

Buy $130M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-12 Beaver Dam Lake Water

Salisbury Mills, New York, United States

Beaver Dam Lake Water Corp. is a provider of water to approximately 160 households on Beaver Dam Lake.

Buy -
Mergr

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