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Published in issue 10/2022
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Veolia’s CEO Antoine Frérot is pleased with the company’s performance in the first few months after its acquisition of large parts of its competitor, Suez, on 18 January. “The merger with Suez is progressing very well,” Mr Frérot...
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Published in issue 6/2022
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French environmental services group Suez unveiled the remaining members of its new executive team, led by former Siemens executive Sabrina Soussan. “Alongside our 35,000 employees and with support from our shareholders, we will...
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Published in issue 2/2022
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(D) – The German Federal Cartel Office is launching another sector inquiry in the waste management industry. The competition watchdog wants to determine whether the Rethmann group and its subsidiary Remondis, Germany’s largest...
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Published in issue 1/2022
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(D, AUS) – Remondis is strengthening its foothold in Australia. Germany’s largest waste management group plans to buy sites in Adelaide, Perth and Sydney from Veolia and Suez. As part of a deal to acquire its competitor Suez,...
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Published in issue 1/2022
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(F) – The cash tender offer extended by the French environmental group Veolia for shares of its competitor Suez expired on 7 January. Citing the results published the French financial markets authority AMF, Veolia says that...
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Published in issue 1/2022
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(UK) – The British Competition and Markets Authority (CMA) has launched a "phase 2" investigation of Veolia’s planned takeover of competitor Suez. With concerns remaining after the initial review that the merger "could result in a...
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Published in issue 1/2022
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(F) – A major merger has been completed on the French ferrous and non-ferrous metals recycling market. Market leader Derichebourg announced in December that it had finalised its takeover of competitor Ecore after having received...
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Published in issue 25/2021
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(UK) – The British Competition and Markets Authority (CMA) is concerned Veolia’s plans to fully take over Suez will reduce competition in the waste management market and lead to higher costs, particularly for local authorities. On...
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The European Commission has approved Veolia's acquisition of fellow environmental services giant Suez. In a statement issued Tuesday evening, Competition Commissioner Margrethe Vestager said that approval had been possible "thanks...
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Published in issue 22/2021
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(F) – French environmental services group Veolia has notified the planned acquisition of its competitor Suez to the EU Commission’s competition directorate. The EU authority has set 30 November as the provisional deadline for a...
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