# Consortium signs purchase agreement to acquire new Suez

Veolia, Suez, and a consortium of investors (Meridiam, GIP, CDC/CNP Assurances) signed a purchase agreement for the acquisition of the new Suez. The new Suez will have revenues of about €7 billion and includes Suez's water and waste activities in France and international assets. Completion is expected by end of January 2022.

- Type: Acquisition
- Announced: 2021-11-08
- Where: France
- Status: announced
- Products: water and waste 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)
- [Meridiam](https://endata.com/companies/43840.md) (investor)
- [GIP](https://endata.com/companies/55110.md) (investor)
- [CDC/CNP Assurances](https://endata.com/companies/58951.md) (investor)

## Sources

- [infrapppworld.com](https://www.infrapppworld.com/update/purchase-agreement-signed-for-new-suez), 2021-11-08: "Veolia, Suez and the consortium of investors formed by Meridiam, GIP and CDC/CNP Assurances has entered into a purchase agreement to acquire the new Suez."
- [waternewseurope.com](https://www.waternewseurope.com/european-commission-approves-merger-suez-and-veolia/), 2021-12-22: "I am delighted with this decision, which confirms the strength and the relevance of our industrial project and its ability to meet the challenges of the global climate and environmental crisis."
- [concurrences.com](https://www.concurrences.com/fr/bulletin/news-issues/december-2021/the-eu-commission-approves-a-merger-in-the-waste-management-sector-subject-to), 2022-02-04: "The Commission conditionally cleared in Phase I Veolia's acquisition of Suez."

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