# Almar Water Solutions acquires 50% stake in Obor Infrastructure to expand in Asia-Pacific

Almar Water Solutions acquired a 50% stake in Obor Infrastructure, a Singapore holding company owning two water treatment plants in Java, Indonesia, with total capacity of 425,000 m3/day.

- Type: Acquisition
- Announced: 2024-07-02
- Where: Java, Indonesia, Indonesia
- Status: announced
- Capacity: 425,000 m3/day
- Products: drinking water, water treatment services
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Almar Water Solutions](https://endata.com/companies/21111.md) (acquirer)
- [Moya Indonesia](https://endata.com/companies/78377.md) (partner)
- [Obor Infrastructure](https://endata.com/companies/78378.md) (target)

## Sources

- [alj.com](https://alj.com/en/news/almar-water-solutions-expands-in-asia-pacific-region-through-partnership-with-moya-indonesia/), 2024-07-02: "The first milestone of this agreement is the acquisition of a 50% stake in Obor Infrastructure Pte. Ltd. (Obor Infrastructure) by Almar Water Solutions."
- [stainless-steel-world.net](https://stainless-steel-world.net/almar-water-solutions-sign-agreement-with-moya-indonesia/), 2024-08-07: "The first milestone of this agreement is the acquisition of a 50% stake in Obor Infrastructure Pte. Ltd. by Almar Water Solutions."

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