Frontenac acquires Newterra Group, a global modular water treatment company

Frontenac Company acquired Newterra Group Ltd., a global modular water treatment company, from shareholders including XPV Water Partners and Angeleno Group. Financial terms were not disclosed. President & CEO Tom Vossman and the executive team will continue in their roles.

“With Frontenac as our new partner, we are excited to continue our expansion plans, both organic and inorganic, as we execute on our strategic plan to be a major force in the growing decentralized water treatment market around the world.”wateronline.com

• 3 sources
• wateronline.comFrontenac Enters The Global Modular Water Treatment Market With The Acquisition Of Newterra GroupNov 2, 2020
• xpvwaterpartners.comFrontenac Enters the Global Modular Water Treatment Market with the Acquisition of Newterra Group – XPV Water PartnersEsther DossNov 2, 2020
• privateequityinternational.comFrontenac acquires water treatment company NewterraIris DorbianNov 3, 2020

Summarized from public sources; check the original articles before acting on it.