France's Veolia to buy hazardous waste group Clean Earth for $3 billion

Veolia Environnement SA

21/11/2025 06:32

Corrects paragraph 2 to say 10% growth is expected over the guidance period, not per year

Nov 21 (Reuters) - French water management, waste management and energy services group Veolia VIE.PA said on Friday it had agreed to buy U.S.-based hazardous waste company Clean Earth for $3 billion.

Veolia also raised the 2024-2027 target for its hazardous waste activities, aiming for earnings before interest, taxes, depreciation and amortisation (EBITDA) growth of at least 10% over the guidance period.

(Reporting by Mathias de Rozario in Gdansk, editing by Milla Nissi-Prussak)

((mathias.derozario@thomsonreuters.com))