# SUEZ completes acquisition of NWS stake in Chinese operations Suyu for EUR 253 million

SUEZ completed the acquisition of NWS Holdings' 50% indirect stake in Suyu, its Chinese water operations, for approximately EUR 253 million. SUEZ now owns 100% of Suyu.

- Type: Acquisition
- Announced: 2021-05-11
- Where: Chongqing, China
- Value: $305.0M (253.0M EUR)
- Status: completed
- Capacity: 20,000 m3/day (near-term target)
- Products: water treatment services
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Suez](https://endata.com/companies/1259.md) (acquirer)
- [NWS Holdings](https://endata.com/companies/12281.md) (target)
- [Suyu](https://endata.com/companies/52470.md) (target)
- [Shaowu Wujiatang Wastewater Treatment Company Limited](https://endata.com/companies/55092.md) (target)

## Sources

- [suez-asia.com](https://www.suez-asia.com/en-cn/news/press-releases/suez-completes-the-acquisition-of-the-non-controlling-interests-in-suyu), 2021-05-11: "SUEZ announces today that it has completed the acquisition of NWS’ (NWS Holdings Limited) 50% indirect stake in Suyu."
- [smartwatermagazine.com](https://smartwatermagazine.com/news/suez/suez-completes-acquisition-non-controlling-interests-its-chinese-operations-suyu), 2021-05-13: "SUEZ has announced that it has completed the acquisition of NWS’ (NWS Holdings Limited) 50% indirect stake in Suyu"
- [suez-asia.com](https://www.suez-asia.com/en-cn/news/press-releases/suez-signs-new-agreement-for-industrial-wastewater-treatment-services-to-expand-environmental-business-to-fujian-province), 2021-05-13: "SUEZ through its joint venture recently signed an agreement with Shaowu, Fujian Province, to acquire 51% equity in Shaowu Wujiatang Wastewater Treatment Company Limited"

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