SUEZ Acquires Heritage Hills Water and Sewage Systems (Somers, NY)
January 8, 2021
SUEZ has completed the acquisition of Heritage Hills Water Works Corporation and Heritage Hills Sewage Works Corporation in Somers, Westchester County, New York for approximately €7.3 million. The deal brings about 2,700 water customers and 2,900 sewer customers into SUEZ's North American portfolio; the Group plans nearly €1.2 million in infrastructure investments and will keep rates unchanged for Heritage Hills customers for three years.
- Buyers
- SUEZ
- Targets
- Heritage Hills Water Works Corporation, Heritage Hills Sewage Works Corporation
- Sellers
- Heritage Hills Companies
- Industry
- Utilities
- Location
- New York, United States
- Transaction Type
- Buyout
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