Consolidated Water Acquires Remaining 39% Interest in PERC Water Corporation for $7.8 Million
GEORGE TOWN, Grand Cayman, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading developer and operator of advanced water supply and treatment plants, has exercised its option to purchase the remaining 39% equity ownership in its subsidiary, PERC Water Corporation (PERC), for approximately $7.8 million, comprised of $2.44 million in cash and 368,383 shares of common stock valued at approximately $5.36 million. Headquartered in Fountain Valley, California, PERC is a leading water infrastructure company that designs, builds, and operates water and wastewater infrastructure throughout the Western U.S. As a result of the transaction com
