# 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.

- Type: Acquisition
- Announced: 2025-05-07
- Where: United States
- Value: $1.75B
- Status: announced
- Products: water treatment technologies and solutions
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [CDPQ](https://endata.com/companies/1260.md) (target)
- [Veolia Environnement](https://endata.com/companies/15687.md) (acquirer)
- [Water Technologies and Solutions](https://endata.com/companies/84574.md) (target)

## Sources

- [veolia.com](https://www.veolia.com/en/our-media/press-releases/veolia-acquires-cdpqs-30-stake-water-technologies-and-solutions-achieving), 2025-05-07: "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."
- [reuters.com](https://www.reuters.com/business/energy/veolia-take-full-ownership-water-management-unit-175-billion-deal-gets-750-2025-05-07/), 2025-05-07: "May 7 (Reuters) - French group Veolia (VIE.PA), opens new tab said on Wednesday it will buy the 30% of shares in Water Technologies and Solutions (WT&S) that it does not already own from Quebec Deposit and Investment Fun"

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