Berlinwasser International back on the block
- From: Vol 7, Issue 12 (December 2006)
- Category: General
- Region: Europe
- Country: Germany
- Related Companies: Berlinwasser, Marubeni, RWE and Veolia
Just as it seemed the Japanese would re-energise the international ambitions of Germany’s leading water utility, the Marubeni – BWI deal seems to have cooled off. What has gone wrong?
Berlinwasser Holding is once more searching for a strategic partner for subsidiary Berlinwasser International (BWI), after a contract for the sale of an 80% stake to Japan’s Marubeni Corporation, signed on 14 December 2005 and due to close in May 2006, was never finally clinched.
“A number of factors that had little to do with Marubeni or with us ...
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