# TAQA to acquire GS Inima for $1.2B

Abu Dhabi National Energy Company (TAQA) signed an agreement to acquire 100% of GS Inima, a global water treatment and desalination company, from GS Engineering & Construction for approximately $1.2 billion.

- Type: Acquisition
- Announced: 2018-03-09
- Where: Madrid, Spain (headquarters), Spain
- Value: $1.20B
- Status: announced
- Capacity: 171 MIGD desalination capacity added
- Products: water desalination, water treatment, wastewater treatment
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [GS Engineering & Construction](https://endata.com/companies/1049.md) (partner)
- [Abu Dhabi National Energy Company](https://endata.com/companies/30602.md) (acquirer)
- [GS Inima](https://endata.com/companies/30603.md) (target)

## Sources

- [tradearabia.com](https://www.tradearabia.com/News/297869/TAQA-to-acquire-GS-Inima-in-%241.2bn-deal-), 2018-03-09: "The acquisition marks a pivotal step in TAQA’s strategy to establish a world-class, integrated global water platform."

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