# Almar Water Solutions acquires 50% stake in Chilean water treatment firm Aguas y Riles

Almar Water Solutions, part of Abdul Latif Jameel Energy, acquired a 50% stake in Aguas y Riles S.A., a Chilean company offering water treatment and transport solutions for mining and industry. The deal aims to expand Almar's presence in Latin America.

- Type: Acquisition
- Announced: 2021-06-28
- Where: Chile, Chile
- Status: completed
- Products: water treatment solutions, water transport solutions
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Almar Water Solutions](https://endata.com/companies/21111.md) (acquirer)
- [Abdul Latif Jameel Energy](https://endata.com/companies/43291.md) (partner)
- [Aguas y Riles S.A.](https://endata.com/companies/56085.md) (target)

## Sources

- [almarwater.com](https://almarwater.com/almar-water-solutions-doubles-its-presence-in-chile-and-acquires-50-of-the-chilean-company-aguas-y-riles-s-a/), 2021-06-28: "Almar Water Solutions, a leading company in the development of water infrastructure and part of Abdul Latif Jameel Energy, has acquired a 50% stake in the Chilean company Aguas y Riles S.A."
- [alj.com](https://alj.com/en/news/abdul-latif-jameel-energys-almar-water-solutions-doubles-its-chilean-presence-acquiring-50-of-aguas-y-riles-sa/), 2021-06-28: "We are reaffirming our focus on municipal and industrial water services with local partners, in order to together expand our expertise and financial capacity to other areas of Latin America."
- [bsvv.cl](https://bsvv.cl/en/noticia/almar-water-solutions-acquires-50-of-aguas-y-riles-s-a/), 2021-07-02: "Almar Water Solutions, a global company dedicated to the development of water infrastructure, acquired 50% of the Chilean company Aguas y Riles S.A."

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