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Aqualia enters the US market with the purchase of water company Municipal District Services

  • Aqualia enters the US market with the purchase of water company Municipal District Services
    Felix Parra, CEO of Aqualia
  • In partnership with MDS, Aqualia commences operations in Texas – the US’ second-largest and fastest growing state by population.

About the entity

Aqualia
Aqualia is the water management company owned by the citizen services group FCC (51%) and by the Australian ethical fund IFM Investors (49%). Aqualia is Europe's fourth largest private water company in terms of population served.

Themes

Aqualia, in keeping with its strategy for international growth, has acquired a controlling stake in the company Municipal District Services, LLC (MDS), that manages the end-to-end water cycle for more than 364,000 people on the outskirts of Houston and has approximately 140 service agreements with Municipal Utility Districts.

MDS, recognized for its more than 16 years of dedicated service, is the second-largest provider of water, wastewater and stormwater services in the Houston area for municipal utility districts, managing all aspects of the water cycle, and providing customers with comprehensive management. Its “family company” culture rooted in service and focused on the customer aligns perfectly with Aqualia´s culture of people-centered public service. 

With this acquisition, Aqualia will take on the development of this business with an aim of becoming one of the leading operators in the southern United States.

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