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Japan's Infroneer to buy Swing, adding water business to infrastructure portfolio

( April 15, 2026, 02:33 GMT | Official Statement) -- MLex Summary: Japanese construction and infrastructure company Infroneer Holdings said Tuesday it has agreed to acquire all shares in water-treatment company Swing for 91.2 billion yen ($574 million). Infroneer will buy the shares from Swing’s three shareholders — Ebara, JGC and Mitsubishi — as it seeks to add a water-treatment segment to its infrastructure portfolio. The company owns construction firms Maeda, Maeda Road and Maeda Seisakusho. Swing operates more than 300 water treatment facilities in partnership with municipalities across Japan and employs about 3,000 engineers. The transaction is scheduled to close on July 1, subject to clearance under the Antimonopoly Act.Statement is attached. ...

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