Veolia completed the acquisition of Alagoas Ambiental and Serquip Tratamentos Resíduos.

Veolia, a resource management company in the waste, energy and water sectors, completed the acquisition of Alagoas Ambiental and Serquip Tratamentos Resíduos, two solid waste management, treatment, and recovery companies. Financial terms were not disclosed. “This acquisition represents how much Veolia believes in the potential of the region, and of these companies, as an important platform for ecological transformation, not only in the northeast, but in Brazil as a whole. We give immense value to what has been built and we are committed to maintain and potentialize it: high quality operations and performance, strong principles of environmental education and social development. This operation boosts our business presence in the country, in line with our multifaceted performance and value generation point of view,” Pedro Prádanos, Veolia CEO of Brazil.