Veolia finalizes the disposals agreed with the EC as part of the combination with Suez











Photo credit © Veolia


(Boursier.com) — Veolia announces the finalization of the disposal of assets within the framework of the antitrust remedies agreed with the European Commission in terms of competition in the context of the merger between Veolia and Suez.

The amount of the sale of the transferred assets amounts to approximately 920 million euros in enterprise value and will contribute to the reduction of the debt and will support the development of the Group.

This completion of disposals has three components:

The sale of part of the hazardous waste assets in France to Suez.
The sale of activities in mobile water treatment services in Europe to Saur.
The sale of activities in industrial water treatment services in France to Séché Environnement.
Upon completion of these operations, Veolia will remain a major player in the segments concerned (hazardous waste, industrial water, mobile units).


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