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Infroneer Completes Swing Acquisition

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Infroneer (TYO:5076) has completed its acquisition of all shares of Swing from EBARA(TYO:6361), JGC (TYO:1963), and Mitsubishi (TYO:8058), effective today, making Swing a wholly owned subsidiary.

The deal enables an end-to-end water and sewerage business by combining Swing's water treatment expertise with Infroneer's project management and civil engineering capabilities, according to a Tokyo bourse filing on Wednesday.

Swing's maintenance sites also support expansion into road and public facility management as part of Infroneer's comprehensive infrastructure services strategy.

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