Suez Buys Ge Water Official

: The merger created the world’s third-largest industrial water treatment firm , positioning Suez just behind Ecolab and Xylem .

: Before the deal, Suez lacked proprietary membrane technology . Acquiring GE Water gave them access to Zenon membranes , which can provide three times the water throughput of conventional systems. Key Deal Facts suez buys ge water

: Suez partnered with the Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) , which took a 30% stake for over $700 million. : The merger created the world’s third-largest industrial

: Through GE, Suez became a supplier to global giants like Exxon-Mobil , Shell, Nestle, Intel, and Pfizer. Why Did GE Sell? Press Release - SUEZ Key Deal Facts : Suez partnered with the

: The acquired unit was merged with Suez’s existing industrial activities to form a new business unit: SUEZ Water Technologies & Solutions .