Veolia Strengthens Its Leadership in PFAS Treatment in Australia With AUD 220M Acquisition of the Country's Major Soil Remediation Player [Yahoo! Finance]
VEOLIA ENVIRONNEMENT ADR (VEOEY)
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Source: Yahoo! Finance
acquisition acting as a double growth booster - accelerating both its geographic expansion in Australia and its capabilities in hazardous waste treatment - fully aligned with its global GreenUp strategy. The transaction, part of usual tuck-ins, is valued at AUD c.220 million. This strategic move contributes to the Group's ambition to achieve €1 billion in revenue from PFAS & micropollutants treatment by 2030. PARIS, March 24, 2026 BUSINESS WIRE )--Regulatory News: Veolia (Paris:VIE) announces the acquisition of Enviropacific, a portfolio company of Next Capital, strengthening its technological and operational capabilities in remediation, water treatment and hazardous waste management across Australia. Enviropacific reported FY25 turnover of approximately AUD c.250 million, with nearly 300 employees. The transaction is valued at AUD c.220 million (Enterprise Value). It is subject to financial close and customary conditions. Amid rising environmental and health concerns, PFAS
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