Suez Environnement, through its Australian waste management subsidiary SITA Environmental Solutions, has acquired the waste management businesses of WSN Environmental Solutions from the New South Wales government for €174 million ($230 million).
“This is a strategic acquisition for SITA Australia, enabling us to strengthen our position on the commercial and municipal waste market, and for SITA Australia to become the leader for this market in Australia,” says Jean-Louis Chaussade, director general of France-based Suez Environnement.
The acquisition includes three storage centers, two resource recovery facilities, eight transfer stations and three recycling units.
The acquisition is expected to be complete by the first quarter of 2011.
Latest from Recycling Today
- Environmental groups urge Indonesia to return e-scrap shipments
- Foodservice Packaging Institute opens applications for 2026 foam recycling grant program
- Worn Again Technologies unveils Accelerator plant to advance polycotton recycling
- Nashville Waste Services launches new digital route system
- Arconic expands in Iowa
- Cascades invests $6.9M in recycled boxboard plant
- Ocean freight interruptions poised to continue
- Danieli to supply shredder to Australian company
