A London-based company has acquired three Caribbean desalination businesses from its US competitor, in a multimillion- dollar deal.

Cascal NV, a provider of water and wastewater services in seven other countries, has acquired the operations in Antigua, Curacao and Bonaire from Veolia Water North America at a price of US$6.9 million.

It will take over the ongoing development, operations and maintenance of water services for municipalities and private resorts on the islands, providing approximately five million gallons of water per

day utilising reverse osmosis desalination technologies.

Veolia is North America’s leading provider of comprehensive water and wastewater partnership services to municipal entities, businesses and manufacturers.

“This acquisition will add profitable revenue to our operations, while broadening Cascal’s capabilities in desalination, and expanding our global footprint,” said Stephane Richer, Cascal’s chief executive officer.