Missouri American Water acquires $1.6 million in assets

From bizjournals:

Missouri American Water has acquired Roark Water & Sewer Inc. for approximately $1.6 million.

The move will add about 675 water customers and 635 wastewater customers to the company’s customer base. The Missouri Public Service Commission approved the application for ownership April 27, the company said.

Roark serves customers in Stone and Taney counties near Branson in southwest Missouri.

The acquisition allows Missouri American Water to expand its existing reach into southwest Missouri, Matthew Barnhart, the company’s southwest operations manager, said in a statement.