Veolia Tunes Portfolio, Selling Water Positions

22 Apr 2023
Available with corporate subscription

On 18 April 2023, it was reported that Veolia is preparing to sell its French water pipe installation business, Sade, for an estimated asking price of €300 million (US$329 million). This comes on the heels of talks with Italy’s largest gas distributor Italgas to sell stakes in Italian water companies owned by the French firm. Italgas’s subsidiary, Italgas Acqua, already manages water services for five municipalities in Campania: Caserta, Baia and Latina, Casaluce, Galluccio and Roccaromana, serving approximately 29,000 customers. 

In this Research Note:

  • Veolia cleans house, post acquisition
  • Veolia further revamps its North America business
  • Veolia sets first North America position free

Related Podcast

4 May 2021  |  Episode #26 with Keith Hays, Chloé Meyer

Veolia and Suez Come to Terms, Redefining “Big Water” 

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