Veolia Acquires CDPQ’s 30% Stake in Water Technologies and Solutions (WTS) for Full Ownership
May 7, 2025
Veolia signed an agreement with CDPQ to acquire CDPQ’s 30% minority stake in its subsidiary Water Technologies and Solutions (WTS), giving Veolia full ownership. The deal is intended to simplify the structure, increase operational control, and unlock additional run-rate cost synergies of about €90 million by 2027, with closing expected by the end of June 2025.
- Buyers
- Veolia
- Targets
- Water Technologies and Solutions (WTS)
- Sellers
- CDPQ
- Industry
- Environmental Services
- Location
- United States
- Transaction Type
- Buyout
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