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Veolia completes the sale of the new Suez

  • Veolia completes the sale of the new Suez
    Credit: Suez

About the entity

Veolia Water Technologies specializes in water treatment solutions, providing the complete range of services required to design, deliver, maintain and upgrade sustainable water and wastewater treatment facilities for industrial and municipal clients.


Following the very successful tender offer for the shares of Suez, Veolia announces the completion on January 31st, 2022 of the sale of the new Suez to the Consortium of investors composed of Meridiam, GIP, CDC Group and CNP Assurances in line with the purchase agreement dated October 22d, 2021, and for an unchanged enterprise value.

This transaction includes the main remedies approved by the European Commission to preserve competition in environmental services following the combination of Veolia and Suez. It, therefore, allows for the creation of an agile and sustainable new Suez from both an industrial and a social perspective, representing revenues of around €7 billion and a workforce of 35,000 employees

The new Suez includes Suez's Water and Recycling & Recovery activities in France, international assets in Italy, Central Europe, Africa including Morocco, Central Asia, India, China and Australia, as well as global digital and environmental activities, thus preserving real growth prospects and strong capacities for innovation in France and worldwide.

For Veolia, this sale marks the culmination of the combination with Suez, initiated 17 months ago, and a starting point to enter the future of a global champion of ecological transformation with a solid balance sheet.

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