Announced

Veolia to acquire Clean Earth from Enviri for $3.04bn.

Synopsis

Veolia, a water, waste, and energy management solutions provider, agreed to acquire Clean Earth, a hazardous waste group, from Enviri, an environmental company, for $3.04bn. "We reinforce our global capacities in Hazardous Waste and further increase our international footprint. Thanks to a de-risked integration process and a strong complementarity between both businesses and teams, this transaction offers a solid value creation potential with significant synergies. It will also unlock a new growth potential for the Group by strengthening our exposure to the most dynamic industries across the US, and open up new opportunities for our diversified offerings nationwide," Estelle Brachlianoff, Veolia CEO.

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MergerLinks - Veolia to acquire Clean Earth from Enviri for $3.04bn.