Marubeni Buys Aguas Décima For $38 Million

Chilean water company Aguas Décima has been sold by owners Agbar and Almendral to Japanese conglomerate Marubeni for $38 million. The utility controls 1% of the domestic market and operates in the country’s Region X. Market watchers say the purchase may be the start of more acquisitions in the waste water sector by Marubeni. The Japanese company already operates in Chile’s automotive sector.