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New Deal


Announced

Completed

Veolia completed the acquisition of Elemental Environmental Solutions from Alcoa for $250m.

Financials

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Transaction Value£191m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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waste treatment

Acquisition

waste managment & recycling

Majority

Single Bidder

Friendly

United States

Private

waste management

Waste and Disposal Services

Completed

Synopsis

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Veolia Environnement, a provider of waste management services, completed the acquisition of Elemental Environmental Solutions, a subsidiary of Alcoa for $250m. “This planned transaction shows our commitment to executing on our strategy and the sale of non-core assets, which we announced in the third quarter of 2019. We also congratulate our employees for the work they have done to improve this business and the scope of its services,” Roy Harvey, Alcoa President, and Chief Executive Officer.

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