# K-water to acquire shares in Vietnamese water treatment companies

K-water signed a memorandum of agreement to acquire shares in Phu My Vinh and GS Minh Hung-Sikico, which operate water supply and wastewater treatment facilities near Ho Chi Minh City, Vietnam. The deal includes technical collaboration and operational support.

- Type: Acquisition
- Announced: 2024-12-27
- Where: near Ho Chi Minh City, Vietnam
- Status: announced
- Products: water supply, wastewater treatment
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Korea Water Resources Corporation](https://endata.com/companies/82032.md) (acquirer)
- [Phu My Vinh](https://endata.com/companies/82033.md) (target)
- [GS Minh Hung-Sikico](https://endata.com/companies/82034.md) (target)

## Sources

- [smartwatermagazine.com](https://smartwatermagazine.com/news/smart-water-magazine/k-water-enter-vietnams-water-market-strategic-share-acquisition), 2024-12-27: "Vietnam is a market where global water companies are active, and fierce competition is expected among such companies as the water sector is projected to expand rapidly."

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