Veolia Environnement : PR - Saur and Veolia signed a binding agreement for the acquisition by Saur of MWS Europe from Veolia
August 09, 2022 at 01:46 am EDT
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Saur and Veolia signed a binding agreement for the acquisition by Saur of
MWS Europe from Veolia
In accordance with the press release dated May 9th, 2022, and following completion of the consultation process with the employee representative bodies, Saur announces that Veolia has exercised the unilateral put option for the sale of its European Mobile Water Services division (MWS Europe).
Subsequently, Saur and Veolia signed an agreement for the acquisition by Saur of MWS Europe from Veolia for a total consideration of approximately €190 million.
The transaction remains subject to necessary regulatory approvals.
About Saur: As a pure player in water and essential services, Saur works to protect the environment in the heart of the territories it serves. Saur has always acted to offer the same quality of service to small towns as to large cities, guided by its purpose: to restore to water the value it deserves. Saur worldwide presence: Cyprus, Colombia, France, Italia, Netherlands, Poland, Portugal, Saudi Arabia, Scotland, Spain, USA. 2021 key figures: €1.7 billion Group net revenue, 9,500 local authorities and industrial clients contracted, 12,000 employees and 20 million consumers served worldwide. #missionwater www.saur.com
About Veolia
Veolia group aims to be the benchmark company for ecological transformation. With nearly 179,000 employees worldwide, the Group designs and provides game-changing solutions that are both useful and practical for water, waste and energy management. Through its three complementary business activities, Veolia helps to develop access to resources, preserve available resources, and replenish them. In 2021, the Veolia group provided 79 million inhabitants with drinking water and 61 million with sanitation, produced nearly 48 million megawatt hours and recovered 48 million tonnes of waste. Veolia Environnement (Paris Euronext: VIE) achieved consolidated revenue of 28,508 billion euros in 2021. www.veolia.com
For more information visit us at www.veolia.co.ukor follow us on Twitter at www.twitter.com/veoliauk.
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Laurent Obadia - Evgeniya Mazalova -
Mathilde Bouchoux
Ronald Wasylec - Ariane de Lamaze
+ 33 1 85 57 73 71
Tel. + 33 1 85 57 84 76 / 84 80
investor-relations@veolia.com
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Veolia Environnement SA published this content on 09 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 August 2022 05:45:01 UTC.
Veolia Environnement is the world leader in environmental management services. Net sales break down by activity as follows:
- water-related services (40.6%; No. 1 worldwide): water resources management, drinking water distribution and delivery, wastewater collection, treatment and recovery, engineering, design, construction of water treatment facilities and customer relationship management, etc.;
- waste management services (32.4%; no. 1 worldwide): collection, treatment and recycling of liquid, solid, non-hazardous and hazardous waste, waste treatment and recovery through composting, energy recovery from waste, etc. Veolia Environnement also provides urban waste management services (maintenance and cleaning of public spaces, provision of mechanized street cleaning and façade treatment services), maintenance of industrial sites, and dismantling of industrial facilities and equipment at the end of their useful life;
- energy services (27%; No. 1 in Europe): delegated management of urban heating and air conditioning networks, management of thermal and multi-technique services (operation of heating systems, facility design, construction, and maintenance, etc.) and industrial services (industrial process analysis, production equipment operation, service, and maintenance), general management of buildings and public lighting.
Net sales are distributed geographically as follows: France (21.5%), Europe (41.9%), North America (7.4%), Asia (5.6%), Africa and the Middle East (4.9%), Pacific (4.3%), Latin America (4%) and other (10.4%).
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