New acquisitions for Thatas part of the growth strategy in the water sector. In fact, the Roman multiutility has signed the preliminary contracts for the acquisition of 100% of Idrolatina, which in turn holds a 49% stake in Acqualatina, from the Veolia group for a consideration of 22 million euros. Also from the Veolia group, Acea acquired 19,2% of the Acquedotti Lucchesi – Geal business management at a price of 2 million.
At the moment Acea already holds 28,8% of Geal through Crea SpA, therefore the investment of the Roman multi-utility in Geal increases to 48%.
Acea also acquired 100% of Severn Trent Italia from the Severn Trent group of 100% of Severn Trent Italia and, indirectly, the 64% stake in Umbriadue Servizi Idrici and 80% in Iseco. The purchase price, in this case, is 0,4 million: thanks to this transaction, Acea's shareholding in Umbriadue will rise to 98%.
