◂ Announcements

Sep 30, 2017ACQUISITIONUnited States

Suez completes acquisition of GE Water for $4.7B CAD

Suez, together with Caisse de dépôt et placement du Québec (30% stake), completed the acquisition of GE Water & Process Technologies for $4.7 billion CAD enterprise value, effective September 30, 2017. The new business unit Water Technologies & Solutions is formed.

Value

$3.70B (4.70B CAD)

Status

Completed

Productswater and wastewater treatment technologies

CompaniesCaisse de dépôt et placement du Québec acquirer Caisse de dépôt et placement du Québec investor Suez acquirer GE Water & Process Technologies target

Sectors#Water Treatment Equipment

“I am thrilled to welcome GE Water & Process Technologies’ teams and know-how.”watercanada.net

2 sources
watercanada.netSuez Announces Acquisition of GE Water, Launches New TechnologiesOct 2, 2017
filtsep.comFiltration Mergers & Acquisitions Review: Q3 2017 - Filtration and SeparationNewsOct 18, 2017

Summarized from public sources; check the original articles before acting on it.

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