Veolia North America Expands Scope of Operations
The transaction includes contracts for water treatment services in locations across North America, including major metropolitan areas such as Phoenix and Seattle. Non-municipal contracts include a college in Illinois, a beverage company, a food processing company, and a chemical company.
Veolia North America announced July 9 that it acquired from American Water Works Company, Inc., the rights to 23 of its water treatment and energy service contracts. The transaction will expand the core municipal water business of Veolia, a leading provider of water and wastewater treatment services in the United States and Canada; Veolia welcomed 110 new employees to its North America operations.
The transaction includes contracts for water treatment services in locations across North America, including major metropolitan areas such as Phoenix and Seattle. Non-municipal contracts include a college in Illinois, a beverage company, a food processing company, and a chemical company.
"We are excited to expand our water and energy services to these municipalities and industries, and welcome our new colleagues," said VNA Chief Executive Officer Bill DiCroce. "This is another example of our growing our capabilities and offering leading environmental solutions. We look forward to working with dozens of new communities and delivering the highest-quality water and wastewater services available."
Veolia will be taking over 23 new contracts, 13 of which are wastewater contracts. Four are drinking water contracts, five are wastewater and drinking water contracts, and one is a contract to provide steam and compressed air. Eighteen of these contracts are located in Connecticut, Ohio, North Carolina, Illinois, Minnesota, Arizona, California and Washington, and five are located in Ontario, Canada. The transaction is worth $27 million.