Press release content from Business Wire. The AP news staff was not involved in its creation.
Aqua Pennsylvania Reaches Agreement With East Whiteland Twp. to Purchase Municipal Wastewater Assets
January 13, 2021 GMT
BRYN MAWR, Pa. (BUSINESS WIRE) Jan 13, 2021
Essential Utilities Inc. (NYSE:WTRG) announced today that its Pennsylvania wastewater subsidiary has signed an asset purchase agreement with East Whiteland Township, Chester County to acquire the municipality’s wastewater assets for approximately $55 million. The pending transaction is subject to Pennsylvania Public Utility Commission approval.
East Whiteland Township’s wastewater system serves approximately 8,200 customer-equivalents including residential and commercial connections. The system is comprised of 57 miles of collection mains and 13 pump stations. The collection system accepts waste from the neighboring municipalities of Malvern Borough and Charlestown Township. Its waste passes through Aqua’s Valley Cre
Press release content from Business Wire. The AP news staff was not involved in its creation.
Critical Process Systems Group Acquires Nuance Systems
January 13, 2021 GMT
ROSEMONT, Ill. (BUSINESS WIRE) Jan 13, 2021
Critical Process Systems Group (“CPS”), a portfolio company of Wynnchurch Capital, L.P. (“Wynnchurch”), announced the acquisition of Nuance Systems (“NSI” or the “Company”). NSI is a leading supplier of complex, ultra-high purity gas and chemical delivery systems and sensing technologies to advanced applications within the semiconductor and solar industries. NSI designs and produces mission-critical ampoules, liquid level sensors, integrated systems, as well as provides repair services. Bill Kimmerle and Kyle Kimmerle, co-owners of NSI, will continue to serve as CEO and President of NSI, respectively.
Veritas Acquires HubStor In Play For Backup-As-A-Service Expertise
‘HubStor offers a granular, scalable, and easy-to-configure enterprise solution. They also have an impressive track record in the enterprise, including with some Veritas customers. Those two facts already point to a good start for us,’ says Simon Jelley, vice president Veritas’ the Backup Express and SaaS business. By Joseph F. Kovar January 13, 2021, 06:43 PM EST
Data protection and management software developer Veritas has quietly acquired HubStor in a move it expects will add strong backup-as-a-service technology with a Microsoft Azure public cloud base.
The acquisition, which has already closed but for which Veritas is not disclosing terms, comes at a time when Veritas is looking at the best way to address the market for backup-as-a-service, said Simon Jelley, vice president for the Backup Express and SaaS business of the Santa Clara, Calif.-based company.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Gaensel Diversifies Asset Portfolio with Acquisition of Specialty Coffee Brand Officina Cialda .
Gaensel Energy Group, Inc.January 13, 2021 GMT
SALT LAKE CITY, UT, Jan. 13, 2021 (GLOBE NEWSWIRE) Gaensel Energy, Inc., (OTCMKTS:GEGR) (“Gaensel” or the “Company”), a diversified holding company with assets in Software/Gaming and VR, Health and Wellness, CRM & Data, as well as General Contracting and Patented Building supplies, is pleased to announce acquisition of Premier Italian Coffee brand Officina della Cialda (https://officinadellacialda.it/), well known for its suite of unique flavors and aromas for coffee & tea connoisseurs around the world with 35 brick and mortar locations in Italy.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Corning Natural Gas Holding Corporation to be Acquired by Argo Infrastructure Partners, LP for .
Corning Natural Gas Holding Corp.January 13, 2021 GMT
CORNING, N.Y., Jan. 13, 2021 (GLOBE NEWSWIRE) Corning Natural Gas Holding Corporation’s (Corning or the Company) Board of Directors announced they have reached an agreement with an affiliate of Argo Infrastructure Partners, LP (Argo), an independent infrastructure investment manager, in an acquisition worth approximately $150 million. Argo has agreed to acquire all the shares outstanding of Corning common stock (OTCQX: CNIG) for $24.75/share.