Infroneer Holdings Completes Acquisition of Watering, Becomes Fully Subsidiarized

TOKYO, Jul 01 (Pulse News Wire) – INFRONEER Holdings Inc. (5076.T) completed the acquisition of Watering Co., Ltd., making it a fully owned subsidiary.

As previously disclosed on April 14, 2026, INFRONEER acquired all outstanding shares of Watering from Kobelco, Chiyoda Corporation, and Mitsubishi Corporation. With this move, Watering joins INFRONEER's key subsidiaries, including Maeda Corporation, Maeda Roadways, Maeda Works, and others. Watering’s expertise in water treatment engineering and field engineers complements INFRONEER’s project management skills, civil and construction technologies, and know-how.

This integration enables comprehensive design, construction, maintenance, and operation services for water infrastructure projects. Additionally, leveraging Watering’s maintenance facilities, INFRONEER plans to expand its integrated infrastructure service offerings to road and public facility management, further enhancing strategic value. This acquisition significantly boosts the combined group’s operational efficiency and technological capabilities, positioning both entities for increased enterprise value moving forward.