# Suez and CDPQ agree to buy GE Water & Process Technologies

French utility Suez and Caisse de dépôt et placement du Québec entered a binding agreement to purchase GE Water & Process Technologies from General Electric for an enterprise value of €3.2 billion.

- Type: Acquisition
- Announced: 2017-04-11
- Value: $3.45B (3.20B EUR)
- Status: announced
- Products: water treatment technologies, process technologies
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Suez](https://endata.com/companies/1259.md) (acquirer)
- [CDPQ](https://endata.com/companies/1260.md) (acquirer)
- [GE Water & Process Technologies](https://endata.com/companies/1261.md) (target)
- [General Electric](https://endata.com/companies/1262.md) (partner)

## Sources

- [worldpumps.com](https://www.worldpumps.com/content/news/pumps-mergers-acquisitions-review-q1-2017), 2017-04-11: "French utility Suez and Canadian institutional investor Caisse de dépôt et placement du Québec (CDPQ) entered into a binding agreement to purchase GE Water & Process Technologies from General Electric Co for an enterprise value of €3.2 billion."

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