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New Deal


Announced

Completed

Suez completed the acquisition of the hazardous waste assets in France from Veolia for $725m.

Financials

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Transaction Value£584m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Environmental / Waste Management

Acquisition

Private

Majority

Single Bidder

waste management

France

Domestic

Friendly

Completed

Synopsis

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Suez, a waste management company, completed the acquisition of the hazardous waste assets in France from Veolia, a French transnational company with activities in three main service and utility, for $725m. "The reintegration of the France hazardous waste teams and activities is a source of great satisfaction for all of the Group. By buying back these activities and key skills, we strengthen our offering in France for our industrial customers. At an international scale, the comprehensive business expertise of our teams will support our ambition in this fast-growing market. SUEZ hereby confirms its desire to pursue an offensive development strategy in its core businesses of water and waste," Sabrina Soussan, Suez Chairman and CEO.

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