- ALLETE Inc. (NYSE:ALE) announces that it acquired Water & Energy Systems Technology Inc. through one its wholly-owned subsidiaries.
- Water & Energy provides specialty chemicals and engineering services for water treatment in various industries.
- “This strategic tuck-in acquisition expands U.S. Water’s footprint in the California market, where sustainable solutions for water conservation are in increasing demand,” notes ALLETE CEO Alan Hodnik.
- Source: Press Release