Saur has officially sold its municipal water management business in Colombia to Aqualia to streamline operations and focus on strategic growth.

Information on the Target

Saur Colombia is a prominent municipal water management company operating in Colombia, primarily owned by the Saur group, a leading entity in the water infrastructure sector. The company employs nearly 300 individuals and manages six key water distribution and treatment concessions for local municipalities in northern Colombia. In 2021, Saur Colombia reported revenues of approximately 12 million euros, reflecting its significant role in the local water management landscape.

As an integral part of Saur's broader operations, Saur Colombia has contributed to the company's status as a major player in the European water management industry, with Saur generating total revenues of 1.7 billion euros in the same year. However, the decision to divest this subsidiary aligns with a strategic pivot aimed at enhancing operational efficiency.

Industry Overview in Colombia

The water management industry in Colombia is traversing a transformative phase, characterized by increased investments and a focus on sustainability. The Colombian government has been actively promoting infrastructure development, leading to improve