SZEVF - Suez SA: GE Water Acquisition DD And Perspective
October last year, Suez closed an acquisition of GE Water. The acquisition signifies an attempt to further diversify their activities and penetrate international markets.
Suez SA already possessed an international waters business with more than 3.5bn EUR in revenues.
Suez also possesses a European water business whose main operations are producing drinkable water along with wastewater management. The European group is well-integrated, handling everything from pumping, treatment, storage, and distribution of the water. The mix is ~40% of revenues from drinking water production, 30% from wastewater treatment and the rest from a diverse set of