Spanish water quality plan prompts Veolia acquisition
- From: Vol 8, Issue 9 (September 2007)
- Category: General
- Region: Europe
- Country: Spain
- Related Companies: Diseños Hidráulicos y Ambientales (DHA), FCC and Veolia Water
Veolia is on the verge of finalising an acquisition which will further its ambitions to reclaim market share in Spain. It still has some way to go.
Ambition to compete on equal terms with local construction companies for work on the Spanish government’s €19 billion National Water Quality wastewater plan is behind Veolia Water Solutions & Technologies’ decision to buy Madrid-based engineering firm Diseños Hidráulicos y Ambientales (DHA).
The acquisition, due to be finalised in September for an undisclosed price, will “add almost 50 engineers ...
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