Maynilad Water Services Inc. is “looking” at Prime Water Infrastructure Corp., the water utility firm of the Villar Group, which is reportedly up for sale, a top executive said Thursday.
“We are in the water sector, and PrimeWater is in water. It is but natural that we will look at it,” said Maynilad president and chief executive Ramoncito Fernandez.
Prime Water is reportedly on the block, following customer complaints in recent months. The company has joint venture agreements with more than 70 water districts across the Philippines, including in Bulacan and Cavite provinces.
BDO Capital and Investment Corp. president Eduardo Francisco noted that there is strong interest in PrimeWater because it is a leading water company in the country.
“They [PrimeWater] are dominant, and they are extensive, so there are good assets,” Francisco said.
Maynilad’s sister company, MetroPac Water Investments Corp. (MWIC), earlier it was in talks to acquire Prime Water, but no definite deal has been finalized.
MWIC operates more than 700 water projects in the Philippines and Vietnam. In the Philippines, it has over 530,000 customers and 85,000 service connections, with a billed volume of 359 million liters per day.
Its major projects include water distribution in Dumaguete and Iloilo, bulk water supply in Cagayan de Oro and Iloilo, and industrial water projects in Vietnam.
Maynilad, meanwhile, is the water concessionaire for the west zone of Metro Manila.
As of June 30, 2025, Maynilad was operating eight water treatment facilities with a total operational capacity of 2,873.0 million liters per day (MLD).
It also has five water facilities in the pipeline: the 3 MLD Julian Modular Treatment Plant, 12 MLD Pasay New Water Treatment Plant, 5 MLD Molino Modular Treatment Plant, 18 MLD Ligas Modular Treatment Plant and 300 MLD Teresa Water Treatment Plant.
