United Water, one of the leading providers of water and wastewater services in the nation, today announced the company’s acquisition of Bethel Consolidated, Inc. The acquisition will expand United Water’s service area and customer base in Connecticut and is a key component of the company’s growth strategy.
“This acquisition clearly demonstrates United Water’s commitment to grow by obtaining companies that are next to or nearby existing operations,” said Michael J. Pointing, vice president and general manager. “Today we make a commitment to our new customers in Bethel. We look forward to becoming an integral part of the community and delivering top-quality drinking water and the highest level of services.”
United Water currently serves about 14,000 people in New Milford, Newtown, and Woodbury, Connecticut. The company utilizes 34 different ground water sources of supply, maintains 9 above ground storage facilities, and has over 110 miles of transmission and distribution water mains.
The acquisition of Bethel will expand United Water’s customer base by 600 customers, increasing its presence in Fairfield County. "We’ve had a long history of providing excellent water service to our customers in Connecticut," said Pointing. "We believe this expansion into Bethel will further strengthen our ability to grow in the state.”
ABOUT UNITED WATER
United Water Connecticut provides water services to about 14,000 residents in Connecticut. The company is a subsidiary of United Water, one of the nation’s leading water and wastewater services providers to over 7 million people in 26 states through the dedication of its 2,600 employees. In addition to owning and operating 20 regulated utilities, United Water operates 240 municipal systems through public-private partnerships and contract agreements, including three of the nation's largest water and wastewater contracts: Indianapolis, IN, Gary, IN and Jersey City, NJ. The company’s affiliate, Utility Service Company, has 2,000 long term water tank management contracts with municipal and industrial clients. Founded in 1869, United Water is a subsidiary of the SUEZ ENVIRONNEMENT.
About SUEZ ENVIRONNEMENT
Natural resources are not infinite. Each day, SUEZ ENVIRONNEMENT and its subsidiaries deal with the challenge to protect resources by providing innovative solutions to industries and to millions of people. SUEZ ENVIRONNEMENT supplies drinking water to 76 million people, provides wastewater treatment services for 44 million people and collects the waste produced by 60 million people. SUEZ ENVIRONNEMENT has 65,400 employees and is present on five continents. It is a world leader exclusively dedicated to water supply and waste removal services. In 2008, SUEZ ENVIRONNEMENT, a subsidiary in which GDF SUEZ has a 35% stake, achieved sales turnover of €12.4 billion ($17.6 billion USD). To find out more visit: www.suezenvironnement.com.