Almar Water Solutions partners with Moya Indonesia, acquires 50% stake in Obor Infrastructure

Almar Water Solutions partnered with Moya Indonesia to develop water businesses in Asia-Pacific. As a first step, Almar acquired a 50% stake in Obor Infrastructure, which owns two water treatment plants on Java with total capacity of 425,000 m³/day, with plans to add 160,000 m³/day.

“The first milestone of this agreement is the acquisition of a 50% stake in Obor Infrastructure Pte. Ltd. by Almar Water Solutions.”asianwater.com.my

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• asianwater.com.myAlmar Water Solutions Expands in Asia-Pacific Region Through Partnership with Moya Indonesia - Asian WaterAug 5, 2024

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