Veolia Acquires Icetec to Expand Digital and Distributed Energy Business in North America

Veolia North America Acquires U.S. Industrial Technologies

October 31, 2023

Environmental Services

Veolia North America has completed the acquisition of U.S. Industrial Technologies (USIT), a Michigan-based provider of hazardous, non-hazardous and recyclable industrial waste management services. The deal adds USIT's main operations in Livonia, Michigan and an operation in Knoxville, Tennessee, bringing more than 70 employees into Veolia's Environmental Solutions and Services division and expanding its hazardous waste treatment capacity and U.S. market share.

Veolia Acquires Multiple Hazardous Waste Firms to Expand Global Treatment Capacity

June 26, 2025

Environmental Services

Veolia (via its Veolia North America unit) announced the acquisition of three U.S. hazardous-waste companies—New England Disposal Technologies, New England MedWaste and Ingenium—alongside additional tuck-ins in Japan (Zeeklite Co. LTD) and Brazil (Alagoas Ambiental). The deals form part of a broader GreenUp strategy to add 530,000 tonnes of hazardous waste treatment capacity by 2030 (100,000 tonnes already in operation) and represent roughly €300 million of targeted acquisitions to expand regional coverage and technical capabilities.

Veolia Acquires Chameleon Industries

July 24, 2025

Environmental Services

Veolia North America has completed the acquisition of Chameleon Industries, a Texas-based specialty chemical producer that recovers and repurposes byproducts from semiconductor manufacturing. The deal expands Veolia's circular-economy capabilities and its environmental services footprint in the semiconductor and advanced manufacturing markets across North America.

TAIT Acquires ITEC Entertainment

October 28, 2021

Media & Entertainment

TAIT, the global live-entertainment engineering and fabrication group, has acquired ITEC Entertainment, a themed-entertainment design and technology firm headquartered in Orlando. The acquisition expands TAIT's capabilities and establishes a local presence in Orlando while ITEC's leadership team will remain with the business.

Delta Water Products Acquires WaterTec Irrigation

April 1, 2023

Agriculture

Delta Water Products Ltd. has acquired WaterTec Irrigation Ltd. and WaterTec Inc., combining two Western North American irrigation distributors to expand Delta’s geographic footprint and technical capabilities across British Columbia and the Pacific Northwest. Commercial Capital Corporation acted as exclusive financial advisor to WaterTec on the sale.

Daikin Applied Acquires Varitec Solutions

October 8, 2024

HVAC & Mechanical

Daikin Applied announced a majority investment in Varitec Solutions, a Phoenix-based designer, developer and installer of large-scale, energy-efficient HVAC systems. The deal brings Varitec's ~170 employees into the Daikin Group to expand Daikin's end-to-end HVAC capabilities and service footprint across the U.S. Southwest while Varitec's president, Chris Carlson, will continue to lead the business.