Ondeo buys out ThyssenKrupp’s stake in Eurawasser

ONDEO HAS ACQUIRED THYSSENKRUPP SERV’S stake in their joint subsidiary, Eurawasser. The price was not disclosed.

The two companies had each held 50% in the German-French water and wastewater company since 1991. ThyssenKrupp Serv says it has pulled out of the municipal water and wastewater sector in Germany to
concentrate on its core activities.

With 500 employees, Eurawasser provides water and wastewater services to around 600,000 people, largely in the east German towns of Rostock ...

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