# INFRONEER completes ¥91.2bn acquisition of Swing Corporation

INFRONEER Holdings agreed to acquire Swing Corporation, a water treatment plant designer and operator, from Ebara, JGC Holdings and Mitsubishi Corporation for ¥91.2 billion. The share transfer was completed on 1 July 2026.

- Type: Acquisition
- Announced: 2026-04-14
- Where: Japan
- Value: $574.0M (91.2B JPY)
- Status: completed
- Products: water treatment plants, water and sewerage services
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [EBARA Corporation](https://endata.com/companies/499.md) (partner)
- [Mitsubishi Corporation](https://endata.com/companies/575.md) (partner)
- [JGC](https://endata.com/companies/1538.md) (partner)
- [Infroneer](https://endata.com/companies/74376.md) (acquirer)
- [Swing Corporation](https://endata.com/companies/91385.md) (target)

## Sources

- [acquisitionsnews.com](https://www.acquisitionsnews.com/deals/infroneer-swing), 2026-04-14: "INFRONEER said combining Swing's water-treatment engineering and field staff with its own project management and civil engineering skills would create an end-to-end water and sewerage business."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.