# Almar Water Solutions acquires 70% of Aqualyng to enter Australian market

Almar Water Solutions, part of Jameel Environmental Services, acquired a 70% stake in Australian water services company Aqualyng. The deal expands Almar's presence in the Asia Pacific region.

- Type: Acquisition
- Announced: 2024-07-09
- Where: Brisbane, Australia, Australia
- Status: completed
- Products: water treatment services, EPC and BOT projects
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Almar Water Solutions](https://endata.com/companies/21111.md) (acquirer)
- [Aqualyng](https://endata.com/companies/78508.md) (target)
- [Jameel Environmental Services](https://endata.com/companies/78509.md) (partner)

## Sources

- [almarwater.com](https://almarwater.com/almar-water-solutions-enters-australian-market-acquiring-70-of-aqualyng/), 2024-07-09: "Almar Water Solutions, a global leading business in developing and managing water infrastructure and services, and part of Jameel Environmental Services, has announced its entry into the Australian water market by securing a 70% acquisition of the Australian company Aqualyng."
- [alj.com](https://alj.com/en/news/almar-water-solutions-enters-australian-market-acquiring-70-of-aqualyng/), 2024-07-09: "This acquisition further expands Almar Water Solutions’ presence in the Asia Pacific region and facilitates its path towards becoming a leading global water services provider."

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