# Filinvest and Hitachi form 60:40 water solutions JV in Philippines

Filinvest Development Corporation and Hitachi Aqua-Tech Engineering Pte Ltd signed a 60:40 joint venture agreement to establish a new water solution company in the Philippines.

- Type: Acquisition
- Announced: 2019-08-01
- Where: Philippines
- Status: announced
- Products: water solutions
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Filinvest Development Corporation](https://endata.com/companies/41035.md) (partner)
- [Hitachi Aqua-Tech Engineering Pte Ltd](https://endata.com/companies/41036.md) (partner)

## Sources

- [doi.org](https://doi.org/10.1016/s1365-6937(19)30197-2), 2019-08-01: "Philippine conglomerate Filinvest Development Corporation (FDC) and Hitachi Aqua-Tech Engineering Pte Ltd have signed a 60:40 joint venture agreement for a new water solution company."

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