# Ember Infrastructure to acquire H2O Innovation for $4.25 per share

H2O Innovation has entered into a definitive agreement to be acquired by Ember Infrastructure Management, alongside IQ, CDPQ and management. Shareholders will receive $4.25 per share in cash, valuing the deal at a premium.

- Type: Acquisition
- Announced: 2023-10-03
- Where: Québec City, Québec, Canada
- Status: announced
- Products: water treatment solutions
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Caisse de dépôt et placement du Québec](https://endata.com/companies/322.md) (investor)
- [Investissement Québec](https://endata.com/companies/1515.md) (investor)
- [H2O Innovation Inc](https://endata.com/companies/20298.md) (target)
- [Ember Infrastructure Management](https://endata.com/companies/73027.md) (acquirer)

## Sources

- [lacaisse.com](https://www.lacaisse.com/en/news/pressreleases/h2o-innovation-signs-definitive-agreement-be-acquired-ember-alongside-iq-cdpq), 2023-10-03: "The shareholders of H2O Innovation will receive a price of $4.25 per Share, payable entirely in cash."

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