In accordance with the press release , and following completion of the consultation process with the employee representative bodies, Saur announces that Veolia has exercised the unilateral put option for the sale of its European Mobile Water Services division (MWS Europe).
Subsequently, Saur and Veolia signed an agreement for the acquisition by Saur of MWS Europe from Veolia for a total consideration of approximately €190 million.
The transaction remains subject to necessary regulatory approvals.
Saur is a pure player in water and essential services, and works to protect the environment. Saur worldwide presence includes : Cyprus, Colombia, France, Italia, Netherlands, Poland, Portugal, Saudi Arabia, Scotland, Spain, USA. 2021 key figures: €1.7 billion Group net revenue, 9,500 local authorities and industrial clients contracted, 12,000 employees and 20 million consumers served worldwide.
Veolia group aims to be the benchmark company for ecological transformation. With nearly 179,000 employees worldwide, the Group designs and provides game-changing solutions that are both useful and practical for water, waste and energy management.