Is U.S. Private Water Poised for Shakeup at the Top?
On 31 August 2020, Veolia made an unsolicited offer to acquire 29.9% of Engie’s shares of Suez. The offer came in at €15.50 per share—50% over the closing price of Suez on 30 July 2020. The combined entities would surpass US$50 billion in total revenues, of which water-related activities would make up approximately 46.0%.
If accepted, while the implications are global, the private water & wastewater landscapes in North America would undergo a potential facelift at the top of the rankings.
In this new Research Note:
- U.S. O&M contract market landscape
- Platform opportunities presenting for outsiders
- Consolidation of “big water’ firms set to benefit competitors