Issue Date: March 20, 2017 | Web Date: March 16, 2017
Suez to buy GE water treatment unit
The French water treatment and waste management company Suez has agreed to buy GE Water & Process Technologies for $3.4 billion. Suez will combine GE Water with its own smaller business to create the world’s third-largest industrial water treatment firm, behind Ecolab and Xylem.
GE Water had sales of $2.1 billion in 2016. Two-thirds of its sales are in services such as chemicals for wastewater and boiler water treatment. The balance comes from systems including . . .
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