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New Jersey American Water Completes Acquisition of South Orange Village Water System

1. New Jersey American Water acquired South Orange Village's water system for $19.7 million. 2. The system serves approximately 5,000 water customer connections, enhancing regional footprint.

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FAQ

Why Bullish?

AWK can benefit from similar strategic acquisitions which historically increase market share and revenue.

How important is it?

The successful acquisition indicates a strong strategy for growth that can influence AWK's market position.

Why Long Term?

Enhanced infrastructure and customer base from such acquisitions often leads to sustained growth over time.

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CAMDEN, N.J.--(BUSINESS WIRE)--New Jersey American Water today completed its acquisition of the water system of South Orange Village for $19.7 million. This former municipally owned system, which serves approximately 5,000 water customer connections, has been operated and maintained by New Jersey American Water since 2016 through a contract between the company and South Orange Village. On Sept. 10, 2025, the New Jersey Board of Public Utilities approved the municipal consent, allowing New Jerse.

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