SUEZ ENVIRONNEMENT (EPA:SEV) SUEZ has finalized the sale of OSIS, a multi-specialist in wastewater services, to Veolia

Transparency directive : regulatory news

18/05/2021 17:45

Communique

Paris, 18 May 2021

SUEZ has finalized the sale of OSIS, a multi-specialist in wastewater services,
to Veolia

SUEZ today announced the completion of the sale to Veolia of its French
subsidiary OSIS, a multi-specialist in wastewater services, for an enterprise
value of 298 million euros, representing approximately 13 times 2019 pro forma
adjusted EBITDA, plus a price supplement of 5 million euros. This transaction
was completed after consultation with employee representative bodies and
following approval by the competition authorities on 28 April 2021.

With 2,500 employees in more than 130 local service centers, OSIS operates in
a number of complementary business segments, including sanitation and liquid
waste collection, industrial cleaning, and facility hygiene. In 2019, OSIS in
France generated approximately 311 million euros in revenue and approximately
23 million euros in adjusted pro forma EBITDA.

CONTACTS

Media
Isabelle Herrier Naufle
isabelle.herrier.naufle@suez.com
+33 6 83 54 89 62

Analysts / Investors
Cécile Combeau / Baptiste Fournier / Julien Minot
+33 1 58 81 55 71 / 54 85 / 37 09

About SUEZ:
Since the end of the 19th century, SUEZ has built expertise aimed at helping
people to constantly improve their quality of life by protecting their health
and supporting economic growth. With an active presence on five continents,
SUEZ and its 90,000 employees strive to preserve our environment's natural
capital: water, soil, and air. SUEZ provides innovative and resilient solutions
in water management, waste recovery, site remediation and air treatment,
optimizing municipalities' and industries' resource management through "smart"
cities and improving their environmental and economic performance. The Group
delivers sanitation services to 64 million people and produces 7.1 billion m3
of drinking water. SUEZ is also a contributor to economic growth, with more
than 200,000 jobs created directly and indirectly on an annual basis, and a
provider of new resources, with 4.2 million tons of secondary raw materials
produced. By 2030, the Group is targeting 100% sustainable solutions, with a
positive impact on our environment, health, and climate. SUEZ generated total
revenue of EUR17.2 billion in 2020.

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SUEZ
Head office: Tour CB21 ? 16, Place de l'Iris, 92040 Paris La Défense Cedex,
France ? Tel.: +33 1 58 81 20 00 ? www.suez.com
Limited company with capital of 2,557,356,896 euros - SIREN (French business
administration number): 433 466 570 RCS NANTERRE - VAT No.: FR76433 466 570

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SUEZ ENVIRONNEMENT (EPA:SEV) SUEZ has finalized the sale of OSIS, a multi-specialist in wastewater services, to Veolia

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