Suez (formerly Suez Environnement) is a French-based utility company which operates largely in the water and waste management sectors. Suez is n°1 private water provider worldwide.
Formerly an operating division of Suez, the company was spun out as a stand-alone entity as part of the merger to form GDF Suez (now Engie) on 22 July 2008. Engie remained the largest shareholder of the company with a 35% stake. On the stock market, Suez Environnement's share jumped 40% in value on its first day.
In April 2014, Suez Environnement signed 3 major water treatment contracts in India worth 61 million euros. In July 2015, the group Suez Environnement simplified its name to become Suez, after the group GDF-Suez changed its name to Engie, leaving the name Suez available again.
In September 2015, Suez acquired Sembcorp's 40% stake in the companies' common joint-venture to provide water treatment and waste management in Australia.
On October 1, 2017 Suez bought the Water & Process Technologies unit from GE Power for 3.4 billion dollars and formed a new business unit called Water Technologies & Solutions. Suez shares are listed on the Euronext exchanges in Paris and Brussels.
Each and every day, Suez supplys clean drinking water to 92 million people across 70 countries and 5 continents.
According to en.wikipedia
