Lucio Co’s Crystal Bridges to take over PrimeWater - BusinessWorld Online
The acquisition consolidates a portfolio serving over 1.7 million households, addressing capital demands and regulatory challenges in the Philippine water sector.
5 Articles
5 Articles
Lucio Co’s PrimeWater bet: The price of trust
The Lucio Co Group’s full-control acquisition of PrimeWater marks a pivotal consolidation in the Philippine water sector, underscoring how essential utilities have become strategic, defensive assets for large conglomerates. By bringing one of the country’s largest private water portfolios under Crystal Bridges Holding Corporation, the deal signals a shift toward scale, balance-sheet strength, and long-term capital commitment in a sector strained…
Villars sell Primewater to Lucio Co-owned firm
CRYSTAL Bridges Holding Corp., part of the Lucio Co Group, has entered into definitive agreements to acquire 100 percent of PrimeWater Infrastructure Corp. from the Villars, consolidating ownership of one of the country’s largest private water operators.
Lucio Co’s Crystal Bridges to take over PrimeWater - BusinessWorld Online
LUCIO L. CO-LED Crystal Bridges Holdings Corp. is set to take full control of Villar-led PrimeWater Infrastructure Corp., allowing the company to operate the latter’s entire portfolio across the country. In a statement on Tuesday, the Villar-led company said it has entered into definitive agreements for the acquisition of 100% of PrimeWater. PrimeWater did not disclose the cost of acquisition. “Upon completion, Crystal Bridges will acquire Prime…
Villar Group sells PrimeWater to Lucio Co, Bacolod, other LGUs hope for better services
The Villar Group is selling 100 percent of PrimeWater Infrastructure Corp. to Crystal Bridges Holding Corp. of the Lucio Co Group, Bacolod Rep. Alfredo Abelardo Benitez said on Tuesday, Dec. 16. Crystal Bridges will acquire PrimeWater’s entire portfolio of operations across the Philippines, Benitez confirmed. The Villar Group said it entered into definitive agreements with […]
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