# CITIC and KKR make joint takeover offer for United Envirotech

CITIC Environment and KKR China Water Investment Holdings, through their equally-owned special purpose vehicle CKM (Cayman) Co, are making a joint takeover offer for all shares of United Envirotech they do not already own at $1.65 per share, valuing the company at $1.9 billion. The offer was announced on November 12, 2026.

- Type: Acquisition
- Announced: 2026-11-05
- Where: Singapore, Singapore
- Value: $1.90B
- Status: announced
- Products: wastewater treatment services
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [CITIC Environment Protection](https://endata.com/companies/15840.md) (acquirer)
- [KKR China Water Investment Holdings](https://endata.com/companies/15841.md) (acquirer)
- [United Envirotech](https://endata.com/companies/15842.md) (target)

## Sources

- [theedgemalaysia.com](https://theedgemalaysia.com/article/citic-kkr-make-joint-offer-united-envirotech), 2026-11-05: "Our investment in United Envirotech provides us a strong platform to develop in China’s water and wastewater treatment sector."

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