# Séché Environnement to acquire part of Veolia's industrial water treatment business in France

Veolia and Séché Environnement signed an agreement for Séché to acquire a part of Veolia's industrial water treatment services business in France for approximately €40 million. The deal includes a portfolio of contracts generating €60 million in annual revenue.

- Type: Acquisition
- Announced: 2022-05-24
- Where: France, France
- Value: $43.0M (40.0M EUR)
- Status: announced
- Products: industrial water treatment services
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Veolia](https://endata.com/companies/243.md)
- [Veolia Environnement](https://endata.com/companies/15687.md) (target)
- [Séché Environnement](https://endata.com/companies/63048.md) (acquirer)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20220524006014/en/Veolia-and-Sch-Environnement-Sign-an-Agreement-to-Sell-a-Part-of-Veolias-Activities-in-Industrial-Water-Treatment-Services-in-France-to-Sch-Environnement), 2022-05-24: "This agreement marks the implementation of the last part of the antitrust remedies requested by the European Commission in the context of the merger with Suez."
- [live.euronext.com](https://live.euronext.com/en/products/equities/company-news/2022-05-24-veolia-and-seche-environnement-sign-agreement-sell-part-0), 2022-05-24: "This agreement marks the implementation of the last part of the antitrust remedies requested by the European Commission in the context of the merger with 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.