M&A Deal Summary

Kurita Water Industries Acquires Keytech Water Management

On April 19, 2021, Kurita Water Industries acquired environmental company Keytech Water Management

Acquisition Highlights
  • This is Kurita Water Industries’ 3rd transaction in the Environmental sector.
  • This is Kurita Water Industries’ 1st transaction in Canada.
  • This is Kurita Water Industries’ 1st transaction in Ontario.

M&A Deal Summary
Date 2021-04-19
Target Keytech Water Management
Sector Environmental
Buyer(s) Kurita Water Industries
Deal Type Add-on Acquisition

Target

Keytech Water Management

Kitchener, Ontario, Canada
Keytech Water Management is a regional industrial water treatment company that offers their clientele a complete water management approach in the supply of innovative chemistries, complete equipment systems, and full-support, technical services assisting their customers in effectively maintaining their systems while achieving savings in water and energy. Keytech Water Management was established in 1981 and is based in Kitchener, Ontario.

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Buyer(S) 1

Buyer

Kurita Water Industries

Tokyo, Japan
Category Company
Founded 1949
Sector Environmental
Employees7,981
Revenue 384.8B JPY (2024)
DESCRIPTION

Kurita Water Industries is engaged in a wide spectrum of water- and environment-related business, including business related to water treatment facilities, highly advanced analysis of water quality and manufacture and sale of small-sized water treatment devices for household use. Kurita Water Industries was founded in 1949 and is based in Tokyo, Japan.

DEAL STATS #
Overall 4 of 4
Sector (Environmental) 3 of 3
Type (Add-on Acquisition) 2 of 2
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-08 U.S. Water Services

St. Michael, Minnesota, United States

U.S. Water Services is a provider of integrated industrial solutions for water treatment. U.S. Water Services was founded in 1997 and is based in St. Michael, Minnesota.

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