Sembcorp Acquires Casal

Sembcorp has completed the acquisition of Dutch firm Casal by securing 92.3% of its shares.

The acquisition will help the Singapore water utility company to serve the total water and wastewater needs of industrial and municipal customers, making it one of the leading water services company in Asia.

The takeover will increase Sembcorp’s operating capacity by 50% and help it expand its operation into new markets such as Latin America and South Africa, where Casal operates.

The acquisition of Casal will also help Sembcorp increase its presence in China and the UK, and help it enter the markets of Chile, Indonesia, Panama and the Philippines.

After the acquisition, Casal will no longer be a public company.