Mitsui outlines its Mexican ambitions
- From: Vol 9, Issue 9 (September 2008)
- Category: General
- Region: Americas
- Country: Mexico
- Related Companies: AECOM, Degrémont (Suez), Earth Tech, Hydro Capital Corp, Mitsui & Co., Poseidon Resources and Tyco
The Japanese giant is hoping for big results after buying Earth Tech’s Mexican assets. It doesn’t want to rush things.
The sale of Earth Tech’s Mexican business to Mitsui at the end of July looked like a sweet deal for both companies. ETM’s growth prospects had been stifled for years under Tyco’s ownership, and Mitsui saw the opportunity to expand from being a purely financial investor in Mexican water assets to an active project developer.
“We’ve ...
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