# Veolia to complete merger with Suez by early 2022

Veolia Group will complete its merger with Suez no later than early 2022. Veolia will retain a portion of Suez with nearly €10 billion in revenue, while a consortium will acquire the rest to form a new Suez.

- Type: Acquisition
- Announced: 2021-07-23
- Where: France
- Status: announced
- Products: water management, waste management, energy management
- 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

- [epaper.chinadaily.com.cn](http://epaper.chinadaily.com.cn/a/202107/23/WS60fa2613a3106abb319fc2b1.html), 2021-07-23: "Through the acquisition of Suez, we are able to form significant partnerships to combine talents, expertise and solutions in order to lead the world toward another model; to make ecological transformation the driving force behind a renewed market landscape."

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