LONDON: Halma Plc (HLMA.L), the global group of life-saving technology companies, announced on Tuesday that it has acquired Brownline, a Netherlands-based provider of gyroscopic locating systems, for €150 million (approximately £129 million) in cash. The acquisition, funded from Halma’s existing facilities on a cash- and debt-free basis, is a strategic move to expand the…
PARIS: Veolia, a global leader in ecological transformation, has completed the sale of its water and infrastructure subsidiary SADE to NGE, an independent public works group, for an enterprise value of 260 million euros. The deal was announced on Monday, after obtaining the necessary regulatory approvals and consulting with the employee representatives. SADE, which…
HAWAII: Hawaii American Water acquired the assets and operations of the Waimea Wastewater Company Inc., and is the new wastewater service provider for those customers. Located on the Big Island of Hawaii, Waimea Wastewater Company is a regulated wastewater utility that serves approximately 217 residential and commercial connections, including North Hawaii Community Hospital and…
LONDON: Costain Group, the smart infrastructure solutions company, and its existing joint venture partner MWH Treatment, have been selected by Southern Water to extend the AMP6 contract as part of the water company’s AMP7 investment programme. Under the extended contract the joint venture will bring together its consultancy, design, digital, construction and commissioning expertise…