---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-000131"
form_type: "8-K"
ticker: "CWCO"
cik: "0000928340"
company_name: "Consolidated Water Co. Ltd."
filed_at: "2023-01-09T23:59:59+00:00"
generated_at: "2026-06-20T18:29:59.785809+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Consolidated Water buys remaining 39% of PERC Water for $7.8M

## Summary
- Consideration: $2.44M cash + 368,383 shares valued at ~$5.36M (based on opening price Jan 4, 2023).
- PERC generated $17.8M revenue in first 9 months of 2022, up from $13.4M in full-year 2021.
- Active projects: $82M water treatment plant in Goodyear, AZ; 10-year $49.2M O&M contract in SoCal.
- CEO Rick McTaggart says acquisition enhances shareholder value; sellers took stock.

## SEC filing metadata
- accession: 0001558370-23-000131
- form_type: 8-K
- ticker: CWCO
- cik: 0000928340
- company_name: Consolidated Water Co. Ltd.
- filed_at: 2023-01-09T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/928340/000155837023000131/0001558370-23-000131-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/928340/000155837023000131/cwco-20230104x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-000131
- JSON: https://secwatch.observer/filing/0001558370-23-000131.json
- Plain text: https://secwatch.observer/filing/0001558370-23-000131.txt

## Key facts
- M&A Transactions
  Consolidated Water Co. Ltd. completed an acquisition involving Johan Perslow, Nathan Owen, Steven Owen and Colton Schmidt for approximately $2.44 million in cash and 368,383 shares of the Company’s common stock, having a value of approximately $5.36 million (closed 2023-01-04).
  - Action: acquisition
  - Counterparty: Johan Perslow, Nathan Owen, Steven Owen and Colton Schmidt
  - Consideration: approximately $2.44 million in cash and 368,383 shares of the Company’s common stock, having a value of approximately $5.36 million
  - Closing: 2023-01-04
  source text: On January 4, 2023, CW-Holdings entered into a stock purchase agreement (the “Purchase Agreement”) with Johan Perslow, Nathan Owen, Steven Owen and Colton Schmidt (collectively, the “Sellers”), pursuant to which CW-Holdings acquired the Remaining Interest in exchange for approximately $2.44 million in cash and 368,383 shares of the Company’s common stock, having a value of approximately $5.36 million based upon the opening trading price of the Company’s common stock on The Nasdaq Global Market on the date of the transaction.
  evidence_url: https://www.sec.gov/Archives/edgar/data/928340/000155837023000131/0001558370-23-000131-index.htm
- Material Agreements
  Consolidated Water Co. Ltd. entered into Purchase Agreement with Johan Perslow, Nathan Owen, Steven Owen and Colton Schmidt (collectively, the "Sellers") valued at approximately $2.44 million in cash and 368,383 shares of the Company’s common stock, having a value (effective 2023-01-04).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Johan Perslow, Nathan Owen, Steven Owen and Colton Schmidt (collectively, the "Sellers")
  - Value: approximately $2.44 million in cash and 368,383 shares of the Company’s common stock, having a value
  - Effective: 2023-01-04
  source text: On January 4, 2023, CW-Holdings entered into a stock purchase agreement (the "Purchase Agreement") with Johan Perslow, Nathan Owen, Steven Owen and Colton Schmidt (collectively, the "Sellers"), pursuant to which CW-Holdings acquired the Remaining Interest in exchange for approximately $2.44 million in cash and 368,383 shares of the Company’s common stock, having a value of approximately $5.36 million based upon the opening trading price of the Company’s common stock on The Nasdaq Global Market on the date of the transaction.
  evidence_url: https://www.sec.gov/Archives/edgar/data/928340/000155837023000131/0001558370-23-000131-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.