Israel's Arison sells Miya water firm to Bridgepoint for $260M

Miya was founded by Arison in 2008 to provide water technology solutions.

Content Dam Ww Online Articles 2019 02 Wwi Israel

TEL AVIV, FEB 6, 2019 -- Private equity group Bridgepoint has agreed to buy water technology firm Miya from Arison Investments, the investment arm of U.S.-Israeli billionaire Shari Arison, for $260 million, according to Arison.

Miya was founded by Arison in 2008 to provide water technology solutions, focusing on increasing efficiency in urban water systems.

It owns Portuguese-based Indaqua, which serves seven water companies in northwest Portugal, covering thousands of square kilometers and serving 600,000 people.

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