Aqualia breaks free
- From: Vol 5, Issue 8 (August 2004)
- Category: Companies
- Region: Europe
- Country: Spain
- Related Companies: Clayton, Dubilier & Rice, Culligan, FCC, Proactiva and Veolia
FCC’s water subsidiary can now compete with Veolia, its former parent.
Veolia has finalised the sale of its 26% interest in Spanish construction group FCC, creating a new competitor in the international water market and a new challenge for the French company to re-enter the Spanish market.
Veolia chief executive Henri Proglio explained that the sale was necessary because “FCC would like to remain a highly diversified group, while we are ...
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