Suez Environment AcquiresTwo Companies To Reinforce Its Development In Water for Industry
SUEZ ENVIRONNEMENT, via its subsidiary Degrémont, has acquired Poseidon, a Canadian company specialized in separation systems for industrial water treatment and BV Group, a British company specialising in water treatment chemicals, equipment and services for industry.
These acquisitions are in line with SUEZ ENVIRONNEMENT’s strategy to expand its industrial activity and reinforce its offer in innovative and value-added solutions for industrial clients around the globe.
Poseidon Inc. provides innovative and value-added systems for industry
Based in Canada, Poseidon is a full-service equipment supplier which designs and manufactures a range of state-of-the-art, compact separator systems by flotation for industrial water treatment . Poseidon’s portfolio of proprietary technologies has long been at the forefront of wastewater and process water treatment with solutions spanning numerous industrial sectors, most notably in Oil Gas, Pulp & Paper and Food & Beverage.
B&V Group to develop further conditioning services internationally
Based in the UK, B&V manufactures and commercialises conditioning products and technical services for water related infrastructures including cooling circuits, boiler systems and effluent treatment. The company also supplies equipment, tailor-made engineering and services linked to legionella risks and microbial control problems. B&V has strong positions with Facilities Management in Healthcare, Food & Beverage, Petrochemical and Power industries.
They complete the acquisitions done in 2013 of IWM acquired from BASF in France, of Process Group in 2014 as well as the share purchase of Evatherm.
“We are delighted that these two companies joined SUEZ ENVIRONNEMENT. It will further contribute to our position on the industrial water market, one of the Group’s four strategic priorities” says Marie-Ange Debon, Deputy Chief Executive Officer in charge of International activities for SUEZ ENVIRONNEMENT.
DEGREMONT
A subsidiary of the SUEZ ENVIRONNEMENT group, Degrémont has been the world water treatment specialist for more than 70 years. Operating in more than 70 countries with over 5,000 employees, Degrémont generated revenues of €1,110 million in 2013.
SUEZ ENVIRONNEMENT
Natural resources are not infinite. Each day, SUEZ ENVIRONNEMENT (Paris: SEV, Brussels: SEVB) and its subsidiaries deal with the challenge of protecting resources by providing innovative solutions to industry and to millions of people. SUEZ ENVIRONNEMENT supplies drinking water to 92 million people, provides wastewater treatment services for 65 million people and collects the waste produced by 52 million people. SUEZ ENVIRONNEMENT has 79,550 employees and, with its presence on five continents, is a world leader exclusively dedicated to water and waste management services. SUEZ ENVIRONNEMENT generated total revenues of EUR 14.6 billion in 2013.
