# SUEZ completes acquisition of GE Water & Process Technologies

SUEZ finalized its all-cash acquisition of GE Water & Process Technologies for nearly $3.8 billion, effective September 30, 2017. The combined business formed a new unit, Water Technologies & Solutions, with over 10,000 employees.

- Type: Acquisition
- Announced: 2017-09-30
- Where: Paris, France
- Value: $3.80B
- Jobs: 10,000
- Status: completed
- Products: water and process technologies
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Caisse de dépôt et placement du Québec](https://endata.com/companies/322.md) (acquirer)
- [Caisse de dépôt et placement du Québec](https://endata.com/companies/322.md) (investor)
- [Caisse de dépôt et placement du Québec](https://endata.com/companies/322.md) (partner)
- [Suez](https://endata.com/companies/1259.md) (acquirer)
- [GE Water & Process Technologies](https://endata.com/companies/1261.md) (target)
- [GE Water](https://endata.com/companies/22716.md) (target)

## Sources

- [doi.org](https://doi.org/10.1016/s1365-6937(17)30270-8), 2017-10-01: "French utility Suez, together with Canadian institutional investor Caisse de dépôt et placement du Québec (CDPQ), has sealed its acquisition of GE Water & Process Technologies in a US$3.4 billion deal."
- [watertechonline.com](https://www.watertechonline.com/wastewater/article/16203125/markhoff-to-lead-suez-water-technologies-solutions-after-ge-acquisition-completion), 2017-10-02: "This is an exciting moment for SUEZ, as our Group now has an ever-stronger knowledge and skillset to bring innovation and enhanced value to industrial and municipal customers around the world."
- [foodengineeringmag.com](https://www.foodengineeringmag.com/articles/96994-suez-finalizes-acquisition-of-ge-water-process-technologies), 2017-10-02: "I am thrilled to welcome GE Water & Process Technologies’ teams and know-how."
- [watertechonline.com](https://www.watertechonline.com/produced-water/article/15550494/mpw-invests-in-water-regeneration-plant-suez-acquires-ge-water-badger-meter-appoints-coo), 2017-10-06: "SUEZ announced that, together with Caisse de dépôt et placement du Québec, it has completed the acquisition of former GE Water & Process Technologies."
- [doi.org](https://doi.org/10.1016/s0958-2118(17)30221-5), 2017-11-01: "French environmental services company Suez Sa, together with Canadian long-term institutional investor Caisse de dépôt et placement du Québec (CDPQ), recently completed the acquisition of GE Water & Process Technologies (GE Water) in a deal worth €3.2 billion."
- [watertechonline.com](https://www.watertechonline.com/wastewater/article/16201109/heiner-markhoff-taking-charge-of-suezs-new-industrial-juggernaut), 2017-11-28: "In September SUEZ closed its €3.2 billion acquisition of GE Water."
- [boursorama.com](https://www.boursorama.com/bourse/actualites/suez-vise-une-croissance-de-5-pour-l-entite-creee-avec-ge-water-b71dbe4c37403b1ae8d5363491d4b131), 2017-12-13: "Suez a finalisé début octobre le rachat de GE Water, en partenariat avec la Caisse de dépôt et placement du Québec, pour un montant de 3,2 milliards d'euros."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.