# IDE Technologies acquires 49% stake in Shoruk Desalination from Hutchison Water

IDE Technologies acquired a 49% stake in Shoruk Desalination Ltd., which operates the Shoruk desalination plant with a capacity of 150 million cubic meters per year, from Hutchison Water International. The acquisition was completed in September 2018, giving IDE 100% ownership of Shoruk Desalination.

- Type: Acquisition
- Announced: 2018-09-20
- Where: Shoruk, Israel
- Status: completed
- Capacity: 150 million cubic meters per year
- Products: desalinated water
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [IDE Technologies](https://endata.com/companies/32541.md) (acquirer)
- [Shoruk Desalination](https://endata.com/companies/34442.md) (target)
- [Hutchison Water International](https://endata.com/companies/34443.md) (partner)

## Sources

- [fbclawyers.com](https://www.fbclawyers.com/news/%d7%99%d7%99%d7%a6%d7%95%d7%92-ide-technologies-ltd-%d7%91%d7%a8%d7%9b%d7%99%d7%a9%d7%aa-49-%d7%9e%d7%9e%d7%aa%d7%a7%d7%9f-%d7%94%d7%aa%d7%a4%d7%9c%d7%aa-%d7%94%d7%9e%d7%99%d7%9d-%d7%91%d7%a9%d7%95/), 2018-09-20: "משרדנו ייצג את IDE Technologies Ltd, אחת מהחברות המובילות בעולם במתן פתרונות בתחום הטיפול במים, בעסקה לרכישת 49% ממניות חברת שורק התפלה בע”מ, אשר הוחזקו ע”י האצ’יסון ווטר הבינלאומית."

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