In June 2019, Saur announced the acquisition of the Colombian company Naunet. Based at Barranquilla in one of the most dynamic areas of the country, this water service provider already serves around 400,000 consumers.
Naunet employs 300 people in the production and supply of drinking water and the provision of wastewater treatment services for midsize towns in three departments on the Atlantic coast of Colombia, delivered through five concession companies:
- Aguas de la Peninsula,
- Aguas de Aracataca,
- Aguas de Albania,
- Aguas del Sur del Atlantico.
Naunet serves towns such as Maicao (the second-largest town in the Department of Guajira department, with a population of 165,000) and Fundacion (the third-largest town in the Department of Magdalena, with a population of 80,000). Established in 2013, the average remaining term of the concession contract held by Naunet is 17 years.