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

Ember SPV I Purchaser Inc., controlled by Ember Infrastructure Management, will acquire all outstanding shares of H2O Innovation for C$4.25 per share. The Superior Court of Québec issued a final order on December 1, 2023, and the deal is expected to close in the coming days.

- Type: Acquisition
- Announced: 2023-12-04
- Where: Québec City, Canada
- Value: $295.0M (395.0M CAD)
- 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)
- [Ontario Power Generation Pension Fund](https://endata.com/companies/74302.md) (investor)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20231201769000/en/H2O-Innovation-Receives-Final-Order-for-Arrangement-with-Ember), 2023-12-04: "The Superior Court of Québec issued on December 1, 2023 a final order in connection with the previously announced acquisition by Ember SPV I Purchaser Inc."
- [businesswire.com](https://www.businesswire.com/news/home/20231207260231/en/Ember-Completes-Take-Private-of-H2O-Innovation), 2023-12-08: "Closing this transaction marks the start of an exciting chapter for H2O Innovation, as we continue our expansion with the resources and expertise that our new partners at Ember can bring."

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