NW Natural Water Company, a wholly-owned subsidiary of Northwest Natural Holding Company, has completed the acquisition of Rose Valley Water Company, a water utility serving approximately 2,400 connections in Peoria, Arizona, a major suburb northwest of Phoenix.
“Rose Valley Water is an excellent fit for our company and we are looking forward to continuing their legacy of service and stewardship,” said Justin Palfreyman, NW Natural Water’s president. “Through this acquisition, NW Natural Water establishes a footprint in Arizona’s largest county, positioning our company for future growth in the area.”
“NW Natural Water is the right choice for our family’s company,” said Gary Brasher, president and owner of Rose Valley Water. “With their focus on customer service and history of valuing relationships, we feel confident that they’ll support our communities in the same way our family has for decades.”
The Rose Valley Water acquisition closed on Oct. 2, 2023. With this transaction, NW Natural Water serves more than 164,000 people through approximately 66,000 connections across five states.