SUEZ ENVIRONNEMENT (EPA:SEV) SUEZ FINALIZES THE SALE OF ITS RECYCLING AND WASTE RECOVERY ACTIVITIES IN 4 CONTINENTAL EUROPEAN COUNTRIES

Transparency directive : regulatory news

31/05/2021 18:25

press release

Paris, 31 May 2021

   SUEZ FINALIZES THE SALE OF ITS RECYCLING AND WASTE RECOVERY ACTIVITIES IN
                        4 CONTINENTAL EUROPEAN COUNTRIES

SUEZ announces the completion of the sale to PreZero, the environmental
division of the Schwarz Group, of its Recycling and Recovery activities -
excluding plastics recycling and hazardous waste treatment activities - in 4
continental European countries: the Netherlands, Luxembourg, Germany, and
Poland. The transaction values the divested businesses at EUR1,100 million
(Enterprise Value)(1).

The closing of this transaction follows consultation with the employee
representative bodies and the approval of the competition authorities on
14 April 2021.

In these four countries, the activities sold to PreZero cover the entire waste
recycling and recovery value chain, from collection to sorting, including the
processing and treatment of a wide variety of waste (wood, glass, paper, metal,
etc.). The divested businesses operate a total of 125 sites and employ more
than 6,700 employees. In 2019, these activities generated revenues of
approximately EUR1,110 million and adjusted EBITDA(2) of approximately EUR100
million.

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.

     Find out more about the SUEZ Group on our website and on social media
                     Twitter, Linkedin, Youtube, Instagram

(1) Excluding IFRS 16 debt of EUR141m
(2) Excluding the impact of IFRS 16 of EUR31m on EBITDA

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 FINALIZES THE SALE OF ITS RECYCLING AND WASTE RECOVERY ACTIVITIES IN 4 CONTINENTAL EUROPEAN COUNTRIES

Transparency directive : regulatory news

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