# Lantania buys water business of Soil group

Lantania has acquired the industrial water treatment business of Soil group, which was in insolvency proceedings. The deal includes a contract portfolio of EUR 35 million and operations in Colombia and Morocco.

- Type: Acquisition
- Announced: 2020-05-04
- Where: Seville, Spain, Spain
- Value: $38.5M (35.0M EUR)
- Jobs: 113
- Status: completed
- Products: industrial water treatment services, water treatment additives
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Lantania](https://endata.com/companies/46964.md) (acquirer)
- [Soil Tratamiento de Aguas Industriales](https://endata.com/companies/46965.md) (target)

## Sources

- [europapress.es](https://www.europapress.es/economia/noticia-lantania-compra-negocio-agua-grupo-soil-cartera-35-millones-20200504112632.html), 2020-05-04: "Lantania ha comprado el negocio de agua del grupo Soil, que estaba en concurso de acreedores, una operación con la que refuerza la actividad que ya tiene en el sector, al hacerse con una cartera de contratos de 35 millones de euros."

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