M&A

Veolia closes $3B Clean Earth deal to double US hazardous-waste business

What's the deal? VeoliaDealroom has a profile for this one. Try Dealroom → has finalised its acquisition of Clean EarthDealroom has a profile for this one. Try Dealroom → for $3 billion, a move the French group calls a major step in its strategic plan. The deal is expected to double Veolia's hazardous-waste revenue in the US.

What's the endgame? With Clean Earth integrated, Veolia's pro forma US revenue rises to $6.3 billion. Hazardous waste is central to the group's growth ambitions.

The signal: The acquisition deepens Veolia's push into the US market and signals continued consolidation in the hazardous-waste sector, where scale and specialised handling capacity are increasingly valuable.

Read more: recyclage-recuperation.fr

Image credit: U.S. Army Environmental Command

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