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Thai pipe manufacturer Wiik & Hoeglund is acquiring WOG Group's water reuse project in Patong to expand its water treatment business.
Wiik & Hoeglund's subsidiary Wiik Water acquired all shares of WOG ITR Water Solutions for THB 35 million and provided THB 265 million in financial assistance, totaling THB 300 million. WOG ITR holds a 30-year water production and supply contract with Patong Municipality in Phuket, Thailand.