February 01, 2022
SUEZ opens a new page in its history: acquisition of SUEZ by the Consortium of shareholders and taking office of the Chief Executive Officer, Sabrina Soussan
The Consortium of shareholders made up of Meridiam, GIP and the Caisse des Dépôts Group finalized the acquisition of SUEZ on January 31, 2022, in accordance with the merger agreement between SUEZ and Veolia of May 14, 2021 and the promise to purchase of June 29, 2021.
A major player in environmental services, in France and abroad, SUEZ relies on the expertise and commitment of 35,000 women and men determined to support communities and manufacturers as closely as possible in the management of water, waste and air. With a turnover of nearly €7 billion including the Water and Recycling and Recovery France activities of SUEZ, international assets in Italy, Central Europe, Africa including Morocco, Central Asia, India, China and Australia, as well as global digital and environmental activities, SUEZ has solid growth prospects and innovation capabilities in France and abroad.
As announced on November 30, 2021, Sabrina Soussan takes up the position of Chief Executive Officer of SUEZ today.
As Chief Executive Officer, Sabrina Soussan will focus on implementing SUEZ’s strategy, which will be defined jointly with the future Board of Directors through an ambitious development plan in its two main businesses, which are water and waste management. She will also be responsible for implementing a leading ecological transition policy, which is at the heart of the group’s identity and the expectations of its employees, in France and abroad.
Consortium shareholders declare: “Today marks the start of a new chapter for SUEZ. In our capacity as shareholders, we will be alongside the 35,000 employees who make SUEZ a formidable company, for a unifying and ambitious growth project. Focused on customer service, this project will develop the Group, in its two historical businesses, water and waste, in France and internationally. With Sabrina Soussan, we have appointed a leader with an international culture and experience. It has our full confidence and will be able to rely on the many strengths of the Group, starting with quality and committed teams. »
I am very happy and proud to join this great service company that is SUEZ. It has major assets – highly competent international teams, a sense of the customer, a solid financial situation, recognized R&D, long-term shareholders – to continue to develop in businesses transformed by digitalization and by responsibilities. growing in social and environmental matters.
I thank the shareholders for the trust they place in me. It’s a chance, with all the women and men of SUEZ, to be able to implement an ambitious project at the service of all stakeholders.
Sabrina Soussan ,CEO of SUEZ
Sabrina Soussan is a graduate of the National School of Mechanics and Aeronautics. After beginning her career at Renault in France, Sabrina Soussan held operational and management positions internationally at Siemens Automotive, Siemens Building Technologies, then at Siemens Mobility from 2013. In 2017, she became Chief Executive Officer of the Transport subsidiary of the Siemens group. She became Managing Director of the Swiss international group dormakaba in early 2021. She has held a directorship on the board of the American group ITT since 2018.
Disclaimer
Suez SA published this content on February 01, 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 February 2022 06:51:04 UTC.
Publicnow 2022
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Trends technical analysis SUEZ
| Short term | Middle term | Long term | |
| Trends | Neutral | bullish | bullish |
Evolution of the Income Statement
Sale  Purchase | |
| Average recommendation | SAVE |
| Number of Analysts | 6 |
| Last Closing Price | €19.83 |
| Average price target | €18.59 |
| Deviation / Average Target | -6.27% |
Officers and Directors
| Var. Jan 1 | capi. ($M) | ||
 | SUEZ | 0.10% | 14,202 |