American Water expands Missouri service

VOORHEES, N.J.–(BUSINESS WIRE)– American Water Works Company, Inc. (NYSE:AWK – News), the largest publicly traded U.S. water and wastewater utility company, announced today that its subsidiary, Missouri American Water, has completed the acquisition of 11 water systems and 59 wastewater systems in Missouri for approximately $3 million. The acquisition was part of an agreement with Aqua America, Inc. in which American Water purchased Aqua America’s regulated water and wastewater systems in Missouri and Aqua America purchased American Water’s regulated water and wastewater systems in Texas.

Both companies commended the agreement as a way to strengthen operations in their respective states, creating better economies of scale and providing additional opportunities for both companies to continue to provide excellent, local customer service.