# Clearford acquires Ontario private water utility

Clearford Water Systems Inc. acquired a privately owned local water utility in Ontario's Niagara Region for an undisclosed amount. The utility provides drinking water to approximately 300 residents on Lake Erie.

- Type: Acquisition
- Announced: 2018-06-04
- Where: Ontario's Niagara Region, Canada
- Status: completed
- Products: drinking water, water treatment, water distribution
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Clearford Water Systems](https://endata.com/companies/28447.md) (acquirer)

## Sources

- [lelezard.com](https://www.lelezard.com/en/news-17166662.html), 2018-06-04: "We expect to increase the recurring revenue and operational profit generated from this new utility in the coming years as we implement best management practices and evaluate strategic upgrades that will lower the overall operating costs for the utility."

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