Connecting Waterpeople

You are here

SUEZ has finalized the sale of OSIS, a multi-specialist in wastewater services, to Veolia

  • SUEZ has finalized the sale of OSIS, multi-specialist in wastewater services, to Veolia

About the entity

As an expert in water and waste for 150 years that is present on the 5 continents, SUEZ harnesses all its capacity for innovation to work for the efficient and sustainable management of resources.
Schneider Electric

SUEZ today announced the completion of the sale to Veolia of its French subsidiary OSIS, a multi-specialist in wastewater services, for an enterprise value of 298 million euros, representing approximately 13 times 2019 pro forma adjusted EBITDA, plus a price supplement of 5 million euros.

This transaction was completed after consultation with employee representative bodies and following approval by the competition authorities on 28 April 2021.

With 2,500 employees in more than 130 local service centers, OSIS operates in a number of complementary business segments, including sanitation and liquid waste collection, industrial cleaning, and facility hygiene. In 2019, OSIS in France generated approximately 311 million euros in revenue and approximately 23 million euros in adjusted pro forma EBITDA.

Subscribe to our newsletter

The data provided will be treated by iAgua Conocimiento, SL for the purpose of sending emails with updated information and occasionally on products and / or services of interest. For this we need you to check the following box to grant your consent. Remember that at any time you can exercise your rights of access, rectification and elimination of this data. You can consult all the additional and detailed information about Data Protection.

Featured news