# Grupo Rotoplas to acquire IPS in Argentina

Grupo Rotoplas reached a preliminary agreement to acquire 100% of IPS S.A.I.C. y F., a leading provider of water flow solutions in Argentina. The acquisition is expected to close in Q2 2018 and will be funded with Rotoplas' own resources.

- Type: Acquisition
- Announced: 2018-04-04
- Where: Argentina
- Status: announced
- Products: water flow solutions
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Grupo Rotoplas](https://endata.com/companies/31117.md) (acquirer)
- [IPS S.A.I.C. y F.](https://endata.com/companies/31118.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/grupo-rotoplas-reaches-a-preliminary-agreement-to-purchase-a-leading-provider-of-water-flow-solutions-in-argentina-300624758.html), 2018-04-04: "This acquisition reaffirms Rotoplas' commitment to consolidating its individual solutions portfolio in Argentina, incorporating leading brands and technologies."

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