Bryn Mawr water utility purchases 3 systems

Aqua America Inc., Bryn Mawr, today said it has acquired water and wastewater systems in Pennsylvania, Florida and North Carolina in deals that total $540,000.

In Pennsylvania, the company acquired the water system serving the Garden Hills residential community near Hawley, Wayne County. The system supplies drinking water to about 100 residents.

In Florida, the company acquired the water and wastewater system assets of the Fairways at Mt. Plymouth community near Sorrento in Lake County. The systems serve about 700 residents.

In North Carolina, the company expanded its regional network by purchasing the Olde Beau Water and Sewer Company near Roaring Gap in Allegheny County. The systems provide drinking water to about 375 residents and wastewater services to nearly 200.

Aqua America and its water utility subsidiaries serve about 2.8 million residents in Pennsylvania, New York, Ohio, North Carolina, Illinois, Texas, Florida, New Jersey, Indiana, Virginia, Maine, Missouri, and South Carolina.

Company shares were down 4 cents to $22.07 in morning trading on the New York and Philadelphia Stock Exchange.