May 14, 2019 |
Spain's GS Inima said its Brazilian business has acquired control of BRK Ambiental from Canada's Brookfield for BRL750m ($188m).
GS Inima bought 82.8% of the investment fund FIP Operações Industriais, which owns 100% of BRK Ambiental, the Spanish water treatment company said in a press release.
It also said PwC, Jacobs Engineering Group and Machado Meyer advised it on the deal.
BRK Ambiental said BTG Pactual was its financial advisor on the sale, while BMA Advogados was the legal advisor.
Spanish water company pays $188m to take control of BRK Ambiental from the Canadian investor