You can helpexpand this article with text translated fromthe corresponding article in French. (January 2022)Click [show] for important translation instructions.
View a machine-translated version of the French article.
Machine translation, likeDeepL orGoogle Translate, is a useful starting point for translations, but translators must revise errors as necessary and confirm that the translation is accurate, rather than simply copy-pasting machine-translated text into the English Wikipedia.
Consideradding a topic to this template: there are already 1,475 articles in themain category, and specifying|topic= will aid in categorization.
Do not translate text that appears unreliable or low-quality. If possible, verify the text with references provided in the foreign-language article.
Youmust providecopyright attribution in theedit summary accompanying your translation by providing aninterlanguage link to the source of your translation. A model attribution edit summary isContent in this edit is translated from the existing French Wikipedia article at [[:fr:Suez (entreprise, 2015)]]; see its history for attribution.
You may also add the template{{Translated|fr|Suez (entreprise, 2015)}} to thetalk page.
Suez SA (formerlySuez Environnement) is aFrench-basedutility company which operates largely in thewater andwaste management sectors. The company has its head office in La Défense,Paris.[1] In 2015, all the group's brands became Suez.[2]
Formerly an operating division ofSuez, the company wasspun out as a stand-alone entity as part of the merger to formGDF Suez (nowEngie) on 22 July 2008.[3] Engie remained the largest shareholder of the company with a 35% stake.[3] On the stock market, Suez Environnement's share price increased 40% in value on its first day.[4]
In April 2014, Suez Environnement signed three major water treatment contracts in India worth 61 million euros.[5] In July 2015, the group Suez Environnement simplified its name to become Suez, after the group GDF-Suez changed its name toEngie, leaving the name Suez available again.[6] In September 2015, Suez acquired Sembcorp's 40% stake in the companies' common joint-venture to provide water treatment and waste management in Australia.[7]
On 1 October 2017 Suez bought the Water & Process Technologies unit from GE Power for 3.4 billion dollars[8] and formed a new business unit called Suez Water Technologies & Solutions. Suez shares are listed on theEuronext exchanges inParis andBrussels.
Water Technologies and Solutions “WTS” subsidiary
WTS was formed as a 70%-30% joint venture between Suez and CDPQ in 2017, before becoming a subsidiary of Veolia following the Veolia–Suez merger in 2022, with CDPQ keeping its 30% minority stake. In FY2024, WTS achieved revenues of €3.3bn ($3.6bn) and EBITDA of €472M ($511M).
In 2021 this subsidiary was sold to Veolia along with other Suez entities
On 14 May 2019 Bertrand Camus was appointed as chief executive officer of Suez.[9]
On 1 February 2022 Suez was acquired by a consortium of shareholders, and a new CEO, Sabrina Soussan, was appointed.
As of 1 August Sabrina Soussan was appointed chairman and chief executive officer of Suez.[10]
