# 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.

- Type: Acquisition
- Announced: 2017-09-30
- Where: United States
- Value: $3.70B (4.70B CAD)
- Status: completed
- Products: water and wastewater treatment 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)
- [Suez](https://endata.com/companies/1259.md) (acquirer)
- [GE Water & Process Technologies](https://endata.com/companies/1261.md) (target)

## Sources

- [watercanada.net](https://www.watercanada.net/suez-announces-acquisition-of-ge-water-launches-new-technologies/), 2017-10-02: "I am thrilled to welcome GE Water & Process Technologies’ teams and know-how."
- [filtsep.com](https://www.filtsep.com/content/news/filtration-mergers-acquisitions-review-q3-2017), 2017-10-18: "French utility Suez, together with Canadian institutional investor Caisse de dépôt et placement du Québec (CDPQ), sealed its acquisition of GE Water & Process Technologies in a US$3.4 billion deal."

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