Stroh’s Water Company Acquisition
Washington Water has entered into an agreement with Stroh’s Water Company (Stroh’s Water) to acquire its water utility assets. Washington Water has served Stroh’s Water customers since March 2021 through an operation and maintenance agreement, and supported them on an emergency basis for more than 20 years.
The Stroh’s Water system includes about 900 customer connections near Washington Water’s existing Gig Harbor service area. Beyond operation and maintenance of the system, Washington Water also currently provides billing, customer service, and emergency response to Stroh’s Water customers. Washington Water intends to interconnect Stroh’s system with its surrounding systems to improve water service reliability to Stroh’s Water customers. The acquisition is subject to satisfaction of customary closing conditions and approval by the Washington Utilities and Transportation Commission (WUTC).
“We have enjoyed working with Stroh’s Water and serving its customers over the past year,” said Martin A. Kropelnicki, Group President and Chief Executive Officer. “We appreciate Stroh’s Water’s confidence in us, and look forward to completing the acquisition to provide quality, service, and value to its customers long-term.”