Suez: EU clears joint acquisition of a business

(CercleFinance.com) - The European Commission has approved the acquisition of joint control of the former Suez group's Hazardous Waste Business, based in France, by Meridiam SAS ("Meridiam"), based in France, and Global Infrastructure Management LLC ("GIP"), based in the US.


The Hazardous Waste Business consists of assets in the field of landfill, incineration and physico-chemical treatment of hazardous waste in France.

These assets were previously acquired by Veolia when it acquired the former Suez group, but are subject to a separation obligation.

Meridiam and GIP are both investment funds active in the energy and environmental sectors.



Copyright (c) 2022 CercleFinance.com. All rights reserved.