GE has completed the closing of the sale of GE Water & Process Technologies to SUEZ for $3.4 billion.
“I am thrilled to welcome GE Water & Process Technologies’ teams and knowhow,” said Jean-Louis Chaussade, CEO of SUEZ. “This is an exciting moment for SUEZ, as our group now has an ever-stronger knowledge and skillset to bring innovation and enhanced value to industrial and municipal customers around the world. With over 90,000 employees working across the entire water and waste value chain, we will help address pressing global challenges such as water scarcity, resources preservation and climate change.”
SUEZ will provide further details on SUEZ Water Technologies & Solutions’ business and present its strategy in the industrial water markets during a separate dedicated meeting Dec. 13.