# Vivant Hydrocore sells 60% stake in Watermatic Philippines to Watermatic International

Vivant Hydrocore Holdings Inc. agreed to sell its 60% interest in Watermatic Philippines Corporation to Watermatic International Inc. for PHP 31.88 million. The transaction was signed on October 11, 2024.

- Type: Acquisition
- Announced: 2024-10-01
- Where: Cebu, Philippines, Philippines
- Value: $560K (31.9M PHP)
- Status: announced
- Products: water and wastewater treatment systems
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Vivant Hydrocore Holdings Inc.](https://endata.com/companies/80367.md)
- [WaterMatic International](https://endata.com/companies/40150.md) (acquirer)
- [Watermatic Philippines Corporation](https://endata.com/companies/80368.md) (target)

## Sources

- [mb.com.ph](https://mb.com.ph/2024/10/11/vivant-sells-watermatic-stake-to-israeli-partner), 2024-10-10: "The exit enables VHHI to strategically focus on further intensifying its growth initiatives across other segments of the water infrastructure sector."
- [cbinsights.com](https://www.cbinsights.com/company/watermatic-philippines), 2024-10-11: "In October 2024, Watermatic Philippines was acquired by Watermatic International."

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