Séché Environnement Acquires Eight Wastewater Maintenance Centres from Veolia's SARP OSIS-IDF

VLS Environmental Solutions Acquires SRE Environmental

February 8, 2023

Environmental Services

Houston-based VLS Environmental Solutions, a portfolio company of I Squared Capital, has acquired Phoenix-based SRE Environmental, a provider of commercial and industrial wastewater and solid waste management services. The add-on expands VLS's footprint and capabilities in the western United States, adding evaporation-pond wastewater disposal, tanker transport assets and new customer relationships; financial terms were not disclosed.

Nijhuis Saur Industries Acquires Veolia's European Mobile Water Services Division

December 1, 2022

Environmental Services

Nijhuis Saur Industries (part of Saur Group) has completed the acquisition of Veolia's European Mobile Water Services division, which will be rebranded as NSI Mobile Water Solutions. The deal adds around 500 mobile units, seven depots and more than 80 staff across Europe, expanding NSI's mobile water and wastewater treatment capabilities and geographic footprint.

Veolia Environnement to Merge Vigie (former Suez) after Noteholder Consent

October 6, 2022

Environmental Services

Veolia Environnement successfully completed a consent solicitation of holders of 14 series of notes issued by Vigie (the former Suez), clearing the way for the planned merger of Vigie into Veolia. The noteholder approvals and earlier tender offer for Suez shares advance Veolia's strategic consolidation to create a global leader in water, waste and energy management; final completion was scheduled for October 31, 2022.

Veolia Acquires CDPQ's 30% Stake in Water Technologies and Solutions (WTS)

May 7, 2025

Environmental Services

Veolia has agreed to purchase CDPQ’s remaining 30% stake in its subsidiary Water Technologies and Solutions (WTS) for $1.75 billion, giving Veolia full ownership. The move is intended to simplify the Group structure, unlock ~€90m of run-rate cost synergies by 2027, and accelerate value creation and growth in water technologies, particularly in priority markets such as the United States, semiconductors and pharmaceuticals.

Eric Vallée and Management, Backed by Sofival, Acquire SET Environnement Group from Abenex and Galiéna Capital

February 14, 2019

Environmental Services

Eric Vallée and his management team, supported by family investment group Sofival, have acquired SET Environnement Group in a secondary leveraged buyout from private equity investors Abenex and Galiéna Capital. Founded in 1986 and headquartered in the Lyon region, SET Environnement specialises in asbestos removal and remediation services for tertiary and industrial sites, with ~€24M revenue and about 160 employees.

Jernbro Acquires Veolia's Swedish Industrial Maintenance Business

September 23, 2019

Industrial Services

Jernbro Industrial Services AB has agreed to acquire Veolia Environnement S.A.'s industrial maintenance business in Sweden, taking over operations in Kiruna, Avesta, Sandviken, Norrköping and Gothenburg effective 1 October 2019. The acquired business has over 300 employees and annual sales of about SEK 400 million; the deal increases Jernbro's turnover to SEK 1.4 billion and its headcount to roughly 950.