Southwest Water acquires Birmingham, AL, wastewater system

Southwest Water Company announced the acquisition of the Riverview sewer system and related treatment plant from the Shelby County Governmental Utility Services Corporation of Alabama for $22.5 million. "This acquisition represents an excellent opportunity for Southwest Water," said Mark A. Swatek, CEO and chairman of Southwest Water. "The system currently services over 12,000 residents and is located in a high population growth area that serves a major commercial corridor."...

LOS ANGELES, CA, Feb. 6, 2008 -- Southwest Water Company announced the acquisition of the Riverview sewer system and related treatment plant from the Shelby County Governmental Utility Services Corporation of Alabama for $22.5 million.

"This acquisition represents an excellent opportunity for Southwest Water," said Mark A. Swatek, chief executive officer and chairman of Southwest Water. "The system currently services over 12,000 residents and is located in a high population growth area that serves a major commercial corridor. Moreover, it is adjacent to our Shelby County wastewater system which will allow us to realize synergies by combining the operations of the two systems."

Southwest Water Company provides a broad range of services including water production, treatment and distribution; wastewater collection and treatment; utility billing and collection; utility infrastructure construction management; and public works services.

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