Washington Water has received approval from the Washington Utilities and Transportation Commission to acquire the assets of Stroh’s Water Company (Stroh’s Water). The purchase remains subject to customary closing conditions and is expected to close by the first quarter of 2023.
Washington Water has been serving Stroh’s Water’s 900 customer connections since March 2021 through an operation and maintenance agreement, and has supported them on an emergency basis for more than 20 years. Washington Water intends to connect Stroh’s system with its surrounding Gig Harbor systems in the future to improve water service reliability to both Stroh’s Water and existing Washington Water customers.
“We appreciate the WUTC’s diligence in reviewing this transaction,” said Martin A. Kropelnicki, Group President and Chief Executive Officer. “We also look forward to completing the acquisition with the Stroh family and officially welcoming its customers to our Washington Water family.”