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Water Treatment Equipmentworld trade 2024+4.6% 5Y CAGR

May 30, 2018ACQUISITIONUnited States

Kurita Water Technologies acquires 50.1% stake in Fracta

Kurita Water Technologies Ltd. made a strategic investment of US$37 million to acquire 50.1% equity in Fracta, Inc., a U.S.-based AI software company for the water sector.

Value

$37.0M

Status

Completed

ProductsAI software for water sector

CompaniesKurita Water Technologies acquirer Fracta target

Sectors#Water Treatment Equipment

“The Fracta investment reaffirms Kurita's appetite for water technology innovation in the U.S.”bluefieldresearch.com

1 source
bluefieldresearch.comFracta AI Takeover Maps Kurita's Water Future (Bluefield Research)Jun 6, 2018

Summarized from public sources; check the original articles before acting on it.

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