Artesian Resources Acquires Cantwell Water Company
Artesian Resources Corporation’s principal subsidiary, Artesian Water Company, Inc., has acquired the water assets of the Cantwell Water Company of Odessa. The purchase leverages Artesian’s newly expanded franchise area in southern New Castle County and allows the 40 customers previously on the Cantwell system to benefit from the efficiency of connection with Artesian’s source of supply from the now fully-integrated system in New Castle County.
“We value the trust and confidence our customers have in our expertise operating and maintaining facilities that protect and ensure the safety and quality of a precious resource,” Dian C. Taylor, Artesian Resources Chair, President and CEO, said. “Our success in ensuring superior service to our customers for over 110 years reflects our commitment to operational excellence and the partnerships we have built along the way to ensure it. We are pleased to offer our new customers in Cantwell and the surrounding community a reliable source of safe, high-quality drinking water, as well as, the accompanying efficiency of being interconnected to our fully-integrated system in New Castle County.”
The Cantwell Water Company acquisition follows the company’s recent acquisition of water assets in the nearby Town of Odessa.
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