# CDPQ and Suez set to acquire GE Water

CDPQ and Suez entered into an agreement with General Electric to acquire its Water & Process Technologies business.

- Type: Acquisition
- Announced: 2017-05-01
- Where: United States
- Value: $32.0B
- Status: announced
- Products: water treatment technology, products and services
- 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) (investor)
- [Suez](https://endata.com/companies/1259.md) (acquirer)
- [General Electric](https://endata.com/companies/1262.md) (acquirer)
- [General Electric](https://endata.com/companies/1262.md) (target)
- [Baker Hughes](https://endata.com/companies/1895.md) (target)

## Sources

- [doi.org](https://doi.org/10.1016/s0958-2118(17)30084-8), 2017-05-01: "CDPQ and Suez recently entered into an agreement with General Electric Co to acquire its Water & Process Technologies business"
- [accc.gov.au](https://www.accc.gov.au/media-release/accc-wont-oppose-ges-proposed-acquisition-of-baker-hughes), 2017-06-12: "While the acquisition would increase concentration in some segments of downstream chemicals, we accept the global sale of GE Water to Suez will remove the overlap and resolve those potential concerns."

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