# Manila Water subsidiary acquires 70% stake in Equipacific HoldCo

Manila Water Philippine Ventures signed an SPA to acquire 70% of Equipacific HoldCo Inc., which holds 90% of Laguna Water District Aquatech Resources Corp., for an undisclosed amount. The acquisition expands MWPV's service coverage in Laguna from 21% to 27%.

- Type: Acquisition
- Announced: 2024-04-19
- Where: Laguna, Philippines, Philippines
- Value: $20.0M (1.15B PHP)
- Status: announced
- Products: water supply services, wastewater services
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [MetroPac Water Investments Corp.](https://endata.com/companies/41885.md) (partner)
- [Manila Water Philippine Ventures](https://endata.com/companies/76931.md) (acquirer)
- [Equipacific HoldCo](https://endata.com/companies/76932.md) (target)
- [EquiParco Holdings](https://endata.com/companies/76933.md) (partner)
- [TwinPeak Hydro Resources](https://endata.com/companies/76934.md) (partner)
- [Equi-Parco Holdings](https://endata.com/companies/76935.md) (partner)

## Sources

- [manilastandard.net](https://manilastandard.net/?p=314437633), 2024-04-19: "The acquisition will provide MWPV with the opportunity to optimize operational synergies with Laguna Water for the benefit of the customers in the province of Laguna."
- [philstar.com](https://www.philstar.com/business/2024/04/20/2348949/manila-water-unit-spends-p115-billion-laguna-expansion), 2024-04-19: "The acquisition will allow Manila Water Philippine Ventures Inc. to establish a stronger foothold and strategically grow its water and wastewater supply operations in the Province of Laguna."

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