# Veolia and Suez agree to merge in EUR 13 billion deal

Veolia and Suez announced an agreement in principle on April 11, 2021 for a merger worth nearly EUR 13 billion. The deal will create a global champion of ecological transformation with revenues of around EUR 37 billion, excluding Suez's U.S. businesses.

- Type: Acquisition
- Announced: 2021-04-13
- Where: France
- Value: $15.4B (13.0B EUR)
- Status: announced
- Products: waste and water management services
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Veolia](https://endata.com/companies/243.md) (acquirer)
- [Suez](https://endata.com/companies/1259.md) (target)

## Sources

- [pumpsandsystems.com](https://www.pumpsandsystems.com/french-waste-water-management-companies-veolia-suez-merge/), 2021-04-13: "Veolia and Suez announce that their respective boards of directors reached an agreement in principle on April 11 on the key terms and conditions of the merger between the two groups."

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