Veolia acquires CDPQ's 30% stake in Water Technologies and Solutions

Veolia has signed an agreement to acquire CDPQ's 30% stake in its subsidiary Water Technologies and Solutions (WTS) for $1.75 billion (~€1.5 billion), achieving full ownership. The deal is expected to unlock ~€90 million in run-rate cost synergies by 2027.

“Veolia has signed an agreement with CDPQ for the acquisition of its 30% stake in Veolia's subsidiary Water Technologies and Solutions, allowing Veolia to achieve full ownership of WTS.”veolia.com

• 2 sources
• veolia.comVeolia signed an agreement with CDPQ for the acquisitionMay 7, 2025
• reuters.comVeolia to take full ownership of water management unit in $1.75 billion deal, gets $750 million in new contracts | ReutersDimitri RhodesMay 7, 2025

Summarized from public sources; check the original articles before acting on it.