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SJW Group (NYSE: SJW) and Connecticut Water Service, Inc. (NASDAQ: CTWS) have entered a definitive agreement to create the 3rdlargest investor-owned water and wastewater utility in the United States. The new company will serve more than 1.5 million people with over 700 employees across California, Connecticut, Maine and Texas. The combined company would have had operating revenue of approximately $496 million and recurring net income of $74 million based on a 2017 pro forma basis.
Layne is a Global Water Management, Construction and Drilling company, providing responsible solutions for Water, Mineral and Energy Resources. Layne`s experts collaborate across divisional, functional and geographic lines to deliver total solutions for the world`s toughest water, mineral and energy challenges. This integrated approach allows us to offer more than individual services - it ensures streamlined communications, expedited timelines, and a constant focus on safety and sustainability. Our solutions give clients a point of accountability for even the most complex projects, and enable us to deliver the highest levels of both quality and economic efficiency. While our services are impeccable, it is our solutions that make us truly remarkable.
Aqua Doctor is a Saint Charles, MO-based company in the Energy and Utilities sector.
Valparaiso Water Dept-Shop is a Valparaiso, IN-based company in the Energy and Utilities sector.
Foothill Municipal Water Dist is a La Canada Flintridge, CA-based company in the Energy and Utilities sector.