Veolia Environnement Acquires Clean Earth for $3 Billion to Expand U.S. Hazardous Waste Business
November 21, 2025
Veolia Environnement entered into an agreement to acquire Clean Earth, a major U.S. hazardous waste platform, for an enterprise value of about $3 billion (around €2.6 billion). The deal is intended to roughly double Veolia’s U.S. hazardous waste footprint and establish a stronger national treatment and disposal network across fast-growing industries, with $120 million in expected synergies by year four.
- Targets
- Clean Earth, Inc., Clean Earth
- Sellers
- Enviri Corporation, Enviri
- Industry
- Industrial Services
- Location
- United States
- Transaction Type
- Buyout
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