Veolia and Séché Environnement have announced the signing of an agreement to sell Veolia’s activities in industrial water treatment services. This operation, which constitutes the last part of the antitrust remedies required by the European Commission in terms of competition in the context of the merger between Veolia and Suez, amounts to around 40 million euros for the French family group.
The assets sold to Séché Environnement include a portfolio of industrial contracts worth €60 million. These contracts include all of the businesses in the industrial water cycle (in particular effluent treatment, supply of process water, facility management – including waste management – and maintenance operations), allowing to offer industrialists high value-added services in terms of delegated management of the water cycle.
For Maxime Séché, Managing Director of Séché Environnement: “ the acquisition of part of the delegated industrial water management activities of Veolia in France is a perfect complement to our industrial effluent management businesses and will enrich the outsourcing offer offered by Séché Environnement within the framework of of its global offerings to leading industrial customers. The new entity thus formed will give our group a major place in a recurring and high-potential market.. »
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