Suez Buys | Ge Water

: The acquisition added over 7,500 employees and 50,000 customers across 130 countries to Suez's portfolio.

: Suez partnered with the Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) , which took a 30% stake for over $700 million. suez buys ge water

: Industry accounts for roughly 15-20% of global water consumption , significantly higher than the 5-8% used by human urban consumption. : The acquisition added over 7,500 employees and

The move was driven by a fundamental shift in water demand. While municipal water markets in Europe were stagnating, the industrial sector—comprising food and beverage, oil and gas, and pharmaceuticals—was rapidly growing. The move was driven by a fundamental shift in water demand

In 2017, the French environmental giant completed its acquisition of GE Water & Process Technologies for approximately $3.4 billion (€3.2 billion). This landmark deal was a strategic pivot that transformed Suez from a primarily municipal service provider into a global powerhouse in the industrial water market. The Strategy: From Cities to Industry