# Grupo Rotoplas acquires IPS for MXN $1,030 million

Grupo Rotoplas signed a final agreement to acquire 100% of IPS S.A.I.C. y F., a leading water flow solutions provider in Argentina, for a net amount of MXN $1,030 million. The transaction is expected to close in the first week of July 2018.

- Type: Acquisition
- Announced: 2018-06-20
- Where: Argentina
- Value: $54.0M (1.03B MXN)
- 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-announces-signing-of-final-agreement-to-acquire-ips-a-leading-provider-in-water-flow-solutions-in-argentina-300669826.html), 2018-06-20: "This acquisition reaffirms Rotoplas' commitment to consolidate 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.