American Water, an investor-owned US water and wastewater utility company, has revealed that, its subsidiary, American Water Enterprises (AWE), has acquired Environmental Management Corporation (EMC) from The Linde Group.
Don Correll, president and CEO of American Water, said: “American Water is very pleased to add a company of the caliber of EMC to our business. EMC has solid experience in the development of sustainable and innovative solutions for the management of water and wastewater needs, as well as a portfolio of contracts that is very complementary to American Water Enterprises’ existing business. This acquisition will also bring a new element to AWE’s business with the addition of EMC’s large base of industrial customers and it will contribute to the earnings growth goals of American Water.”
EMC will operate as a separate business unit of AWE for the remainder of the year and into early next year as a team made up of representatives of both companies work to ensure a smooth transition for employees and customers.
Mark Strauss, president of American Water Enterprises, said: “Combining the expertise of EMC with AWE’s knowledge is very exciting. We look forward to leveraging the capabilities and strengths of both companies as we continue to deliver reliable service to our current customers and provide further water solutions to new customers. EMC and AWE share the same strong commitment to customers and employees. We will work together to build upon that commitment and capitalize on the talents of two great companies.”
EMC, a Missouri-based company, provides integrated solutions for water, wastewater and other related assets. EMC has approximately 55 contract operations with industrial and municipal customers in the US and Canada.