en.Wedoany.com Reported - Veolia has completed the financial closing of its acquisition of Clean Earth, a hazardous waste management company. As a global leader in hazardous waste services and technology, the Group has doubled its hazardous waste treatment business in the United States through this transaction, increasing its total U.S. revenue to $6.3 billion. This enhances its global presence and its ability to offer new services, improve efficiency, and provide integrated solutions to customers.
Following the transaction, Veolia has become the second-largest player in the U.S. hazardous waste treatment market, marking a new phase of growth in the country. The company expects the transaction to be accretive from 2027 (excluding purchase price allocation adjustments), and all previously announced integration-related financial targets, including expected synergies, have been confirmed.
Hazardous waste treatment has evolved into a strategic industry in the United States, driven by rising industrial demand, stricter environmental standards, and the expansion of high-growth sectors requiring specialized treatment solutions. From healthcare, pharmaceuticals, and retail to advanced manufacturing, semiconductors, and clean energy production, access to reliable treatment capacity is increasingly critical for production continuity, industrial expansion, and competitiveness. Infrastructure deficiencies pose operational and strategic bottlenecks for businesses, potentially limiting industrial growth and manufacturing reshoring while increasing public health and environmental risks.
Veolia CEO Estelle Brachlianoff stated that this is a highly significant transaction at a time when the United States and the world face unprecedented environmental safety challenges that test resilience and competitive limits. The deal solidifies Veolia's position in the growing U.S. hazardous waste market, unlocks strong value creation potential, and further aligns its services with the most dynamic sectors of the U.S. economy. Combined with the acceleration of the asset rotation plan, this acquisition enhances Veolia's ability to meet the growing demand for environmental safety.
Nadège Petit, CEO of Veolia North America, said that Veolia is a distinctive environmental services company, and combining its strengths with those of Clean Earth creates a new world of possibilities for the company and the industries it serves. With Clean Earth, Veolia is building a national platform to address environmental safety challenges and setting industry benchmarks in safety, compliance, and innovation. Nadège Petit welcomed new colleagues, noting a shared commitment to safety, compliance, customer service, and sustainability. By expanding its asset base and introducing innovative treatment methods for emerging contaminants such as PFAS, Veolia is transforming the hazardous waste industry while making a difference for the customers and communities it serves.
Through the integration, Veolia has doubled its hazardous waste management service capabilities and expanded its customer service and treatment network nationwide, including into the previously unserved Pacific Northwest region. This will provide customers with more advanced treatment, disposal, and end-to-end waste management solutions, while opening new business opportunities, improving logistics, and enhancing the Group's ability to serve major retail and healthcare customers operating nationally. Currently, Veolia provides hazardous waste services at over 150 locations across the United States, operates and manages six RCRA-permitted high-temperature incineration units, 33 EPA-permitted treatment facilities, and holds more than 1,000 operating permits to meet customer needs. This reflects the complementary nature of the Clean Earth portfolio, enabling a smooth integration process and adding value for customers.
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