# Alpha Dhabi Holding acquires majority stake in Metito Holdings

Alpha Dhabi Holding, a unit of Abu Dhabi's International Holding Company, is acquiring a majority stake in Metito Holdings, a global developer and operator of water and wastewater projects, from Mitsubishi Corporation, Mitsubishi Heavy Industries, and Gulf Capital. No financial details were disclosed.

- Type: Acquisition
- Announced: 2023-09-25
- Where: Abu Dhabi, United Arab Emirates
- Status: announced
- Products: water and wastewater treatment
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Mitsubishi Heavy Industries](https://endata.com/companies/493.md) (partner)
- [Mitsubishi Corporation](https://endata.com/companies/575.md) (partner)
- [Metito](https://endata.com/companies/28109.md) (target)
- [Alpha Dhabi Holding](https://endata.com/companies/58711.md) (acquirer)
- [Gulf Capital](https://endata.com/companies/72822.md) (partner)

## Sources

- [smartwatermagazine.com](https://smartwatermagazine.com/news/gulf-capital/gulf-capital-leads-consortium-sells-majority-stake-metito-alpha-dhabi-holding), 2023-09-25: "Alpha Dhabi Holding is acquiring a majority stake in Metito, heralding its significant entry into the strategic water and wastewater sector."
- [zawya.com](https://www.zawya.com/en/projects/utilities/abu-dhabis-alpha-dhabi-holding-to-acquire-majority-stake-in-metito-jutqq8fk), 2023-09-25: "Alpha Dhabi Holding, a unit of Abu Dhabi’s International Holding Company, will acquire a majority stake in Dubai-headquartered Metito Holdings."
- [alphadhabi.com](https://alphadhabi.com/news/alpha-dhabis-majority-stake-acquisition-in-metito-holdings-reaffirms-ongoing-commitment-to-addressing-global-water-scarcity/), 2023-09-25: "This acquisition is a cornerstone of Alpha Dhabi Climate Capital, focusing on climate-conscious investments."
- [agbi.com](https://www.agbi.com/banking-finance/2023/09/alpha-dhabi-takes-over-water-specialist-metito/), 2023-09-25: "The need for sustainable water solutions has never been more critical."

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