# Seagull Cooling Technologies acquires Truwater Cooling Towers for RM 32.4 million

Seagull Cooling Technologies (Asia Pacific), a subsidiary of Jiangsu Seagull Cooling Towers, acquired 100% of Truwater Cooling Towers Sdn Bhd for RM 32.4 million.

- Type: Acquisition
- Announced: 2020-06-19
- Where: Malaysia
- Value: $7.70M (32.4M MYR)
- Status: completed
- Products: cooling towers
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Jiangsu Seagull Cooling Towers](https://endata.com/companies/47972.md) (acquirer)
- [Seagull Cooling Technologies (Asia Pacific)](https://endata.com/companies/47973.md) (acquirer)
- [Truwater Cooling Towers](https://endata.com/companies/47974.md) (target)

## Sources

- [sap-ct.com](https://sap-ct.com/2020/06/18/seagull-acquire-trwa/), 2020-06-18: "Seagull Asia Pacific has successfully acquired Truwater at RM 32.4 million to become its wholly-owned subsidiary."

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