293 articles in France
Shares in Dee Valley Water were delisted from the London Stock Exchange on 16 February in conjunction with the company’s £78.5 million takeover by Severn Trent.
- Suez has increased its stake in Italian multi-utility Acea to 23.3%, as the company prepares for the consolidation of the Italian market...more
- Suez Ventures has taken a 22% stake in biogas purification and recovery specialist Prodeval. The deal reflects the maturity of the investment unit...more
- Veolia North America has finally had a big win in the North American municipal contract ops market, after a four-year drought. It took the $110 million contract to run...more
Suez complements its biogas flowsheet with Prodeval equity investment Vol 17, Issue 10 (October 2016)
Having already collaborated on a number of commercial references, Suez has strengthened its relationship with biogas specialist Prodeval by taking a 22% equity stake. The deal leaves both companies free to explore commercial opportunities with competitors.
Suez Ventures’ latest investment showcases how far the platform has come since launching under the Blue Orange name back in 2010.
French biocide specialist Amoéba has raised €14.7 million of equity via a private placement, less than a year after floating on the Paris Euronext.
The cosy long-term agreements enjoyed by private water operators in France are a thing of the past, as municipal leaders become increasingly tech-savvy and cost-conscious. How has the resultant rethink changed the way the private operators do business?
At an investor day on 14 December, Veolia CEO Antoine Frérot announced a new three-year strategy for the company. It promises 10% annual dividend increases from 2016, paid for through continued pressure on costs and modest organic growth.
The latest round of staff changes at the French water and waste group offer considerable insight into the way CEO Jean-Louis Chaussade is grooming his executive team to take on the challenges of the future.
Despite some impressive contract wins, Nantaise des Eaux struggled to turn a profit under German ownership. How will it fare as part of Suez Environnement?
- Suez Environnement decided not to adopt a new name when it announced its new brand architecture on 12 March. It is, however, getting rid of a lot of old ones, including...
- The new logo came on the heels of the group’s annual results, which were not so well received by the market. Sluggish growth weakened margins at the waste business, which upset investors who marked down the price of shares by...
- Veolia’s full-year results saw the company return to profit at the net income level. The cost-cutting programme seems to have more than made up for the rather sluggish growth in the core businesses. 5% shareholder Groupama took advantage...
- The two French companies were not alone in finding 2014 a tough year for sales growth. Pentair and Xylem reported topline growth of 0.6% and 2.1%, respectively, while Acciona Agua saw a 17% drop in sales. Hyflux probably had the greatest difficulties, with revenues falling by...
- Pipe services company Aegion managed to buck the low growth trend, reporting a 22% increase in revenues to $1.3 billion. Looking forward, however, the growth picture is less strong, with the increased backlog from its...