Veolia to Sell Suez Recycling and Recovery UK Group to Macquarie for €2.4bn
August 8, 2022
Veolia has executed a unilateral put agreement for Macquarie Asset Management to acquire 100% of Suez Recycling and Recovery UK Group (Suez’s UK waste business) for approximately €2.4 billion. The deal is subject to UK Competition and Markets Authority (CMA) approval and other agreed conditions, following Veolia’s 2021 Suez takeover and associated antitrust divestment program.
- Buyers
- Macquarie Asset Management
- Targets
- Suez Recycling and Recovery UK Group
- Sellers
- Veolia
- Platforms
- Industry
- Environmental Services
- Location
- United Kingdom
- Transaction Type
- Divestiture
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