SUEZ acquires Perthwaste for $87 million


Thursday, 07 April, 2016

SUEZ acquires Perthwaste for $87 million

French utility company SUEZ has entered into an agreement to acquire Perthwaste, a leading waste management service provider in Western Australia, for $87 million.

Founded in 2001, Perthwaste is well established in the Perth metropolitan area and in south-west Western Australia. With two materials recycling facilities, an organics composting facility, two waste transfer stations, three depots, a landfill and a fleet of 68 trucks, the company services a population of 760,000 people across numerous contracts with local authorities.

Marie-Ange Debon, senior executive vice-president in charge of the International Division of SUEZ, said the acquisition will strengthen the company’s position in the market, forming a close fit with the waste collection, recycling and re-use solutions that SUEZ delivers to local authorities and industry in Western Australia.

“The activities of Perthwaste and SUEZ form a very close fit,” she said. “The united strengths of the combined waste management facilities, fleet and experienced people will speed up our growth and business development in this high-potential market.”

This acquisition is subject to the approval of the Australian Foreign Investment Review Board and the Australian Competition and Consumer Commission.

Image caption: Kim Gorey, Perthwaste managing director, and Nial Stock, SUEZ WA state general manager.

Related News

Landfill waste crisis the focus of new research hub

A new research hub designed to address Australia's overflowing landfill waste is now being...

New CEO for SA's WRISA

A new Chief Executive Officer has been appointed at South Australia's Waste and Recycling...

Sustainable Kiwi bikinis please US buyers

As parts of North America begin to emerge from lockdown, New Zealand company Kalakoa Swim has...

  • All content Copyright © 2020 Westwick-Farrow Pty Ltd