Séché Environnement: Closing of Acquisition of Veolia’s Industrial Water Treatment Services Business
Séché Environnement has completed its acquisition of Veolia’s industrial water treatment services business in France, effective today. This transaction, finalized for approximately €30 million, enhances Séché’s portfolio of environmental services, focusing on outsourced industrial water management. The deal aims to strengthen their market position and support clients in reducing their environmental impact. Séché generated €736 million in sales in 2021, with a focus on creating circular economies and decarbonization.
- Acquisition strengthens Séché's position in the industrial water management sector.
- Addition of a portfolio of contracts enhances service offerings to industrial clients.
- Supports the company's goal to help clients reduce their environmental footprint.
- None.
CHANGÉ,
Following the put option concluded in
The acquired business includes a portfolio of contracts, primarily concluded with industrial companies. The contracts cover all aspects of the industrial water cycle (in particular effluent treatment, process water supply, facility management – including waste management – and maintenance operations), allowing us to offer industrial companies value-added services in the field of outsourced water cycle management.
The amount paid by Séché Environnement at closing is approximately
Séché Environnement is a leading player in waste management, including the most complex and hazardous waste, as well as in environmental services, particularly in responding to environmental emergencies.
Thanks to its expertise in creating circular economies, decarbonization, and hazard management, the group has been contributing to the ecological transition of industries and territories and to the protection of living things for nearly 40 years. Séché Environnement, a French family-owned industrial group, deploys the cutting-edge technologies developed by its R&D department on the ground, in more than 120 sites in 15 countries, including some fifty industrial sites in
Séché Environnement is listed on the Euronext Eurolist (compartment B). The stock is eligible for the PEA-PME and is included in the CAC Mid&Small, EnterNext Tech 40 and EnterNext PEA-PME 150 indices. ISIN: FR 0000039139 - Bloomberg: SCHP.FP - Reuters: CCHE.PA
View source version on businesswire.com: https://www.businesswire.com/news/home/20221130005878/en/
SÉCHÉ ENVIRONNEMENT
Analyst / Investor Relations
Manuel ANDERSEN
Director of Investor Relations
m.andersen@groupe-seche.com
+33 (0)1 53 21 53 60
Media Relations
Anna JAEGY
a.jaegy@groupe-seche.com
+33 (0)1 53 21 53 53
Source: Séché Environnement
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