Suez: Difference between revisions

From Wikiwaste
← Older edit
VisualWikitext
Bin52 (talk | contribs)
authour, banneredit
3,667 edits
No edit summary
Bin52 (talk | contribs)
authour, banneredit
3,667 edits
No edit summary
 
(2 intermediate revisions by the same user not shown)
Line 7: Line 7:
Suez have grown in the UK since 1988, previous under the name [[Sita]].
Suez have grown in the UK since 1988, previous under the name [[Sita]].


In August 2020 [[Veolia]] launched a process to acquire/merge with Suez via the acquisition of the shares owned by Energie in Suez (representing 32% of the company for 3.4bn Euros). By September 2022 the [[wikipedia:Competition and Markets Authority|Competition and Markets Authority]] had determined that the sale in the UK would be anti-competitive<ref>[https://www.gov.uk/government/news/cma-unwinds-veolia-suez-merger-in-the-uk#:~:text=The%20Competition%20and%20Markets%20Authority,European%20mobile%20water%20services%20business. gov.uk Press Release August 2022]</ref> and as a result it was announced that Suez would buy back its waste and recycling business in the UK<ref>[https://www.letsrecycle.com/news/french-security-agency-to-vet-suez-uk-sale/ Letsrecycle Article September 2022]</ref> and in December 2022 Suez announced the completion of the acquisition from [[Veolia]]<ref>https://www.suez.com/en/news/press-releases/suez-reintegrates-major-uk-waste-business-after-acquiring-it-back-from-veolia#:~:text=SUEZ%20announces%20that%20it%20has,is%20now%20back%20with%20SUEZ.</ref>.
In August 2020 [[Veolia]] launched a process to acquire/merge with Suez via the acquisition of the shares owned by Energie in Suez (representing 32% of the company for 3.4bn Euros). By September 2022 the [[wikipedia:Competition and Markets Authority|Competition and Markets Authority]] had determined that the sale in the UK would be anti-competitive<ref>[https://www.gov.uk/government/news/cma-unwinds-veolia-suez-merger-in-the-uk#:~:text=The%20Competition%20and%20Markets%20Authority,European%20mobile%20water%20services%20business. gov.uk Press Release August 2022]</ref> and as a result it was announced that Suez would buy back its waste and recycling business in the UK<ref>[https://www.letsrecycle.com/news/french-security-agency-to-vet-suez-uk-sale/ Letsrecycle Article September 2022]</ref> and in December 2022 Suez announced the completion of the acquisition from [[Veolia]]<ref>https://www.suez.com/en/news/press-releases/suez-reintegrates-major-uk-waste-business-after-acquiring-it-back-from-veolia#:~:text=SUEZ%20announces%20that%20it%20has,is%20now%20back%20with%20SUEZ.</ref>. The new ownership is understood to be between [[Meridiam]], [[Global Infrastructure Partners]], [[Caisse des Depots Group]] and a small holding by employees.


In 2017/18 the relative position of the top 5 waste companies<ref>https://www.statista.com/statistics/298437/revenues-of-leading-uk-waste-management-services/</ref>, by turnover, was as follows:
In October 2023 Suez announced the acquisition of DCW ([[Devon Contract Waste]]) and in December 2023 [[F&R Cawley]].
 
The relative position of the top 5 waste companies, by turnover, is as follows:
{| class="wikitable"
{| class="wikitable"
|-
|-
! Company !! Turnover million GBP  
! Company !! Turnover (million GBP) Most Recently Reported !! Note On Source and Date for Most Recently Reported
|-
|-
| [[Veolia]] || 1,500
| [[Veolia]] ||1,719 ||[[Veolia|Veolia Environmental Services (UK) Ltd]] only, as per financial year report ending December 2021<ref>Companies House: Veolia Environmental Services (UK)</ref>
|-
|-
| [[Biffa]]|| 1,077
| [[Biffa]]|| 1,364 ||turnover shown net of landfill tax as per financial year report ending March 2022<ref>Companies House: Biffa Group Holdings (UK) Ltd</ref>
|-
|-
| [[Suez]] || 798
| [[FCC]] || 795 ||as per proportion of Annual Report 2022 by the Group<ref>Companies House: FCC Environment (UK) Ltd reported £552m turnover year end December 2022</ref>
|-
|-
|[[Viridor]]|| 789
| [[Suez]] || 765 ||as per accounts ending December 2022<ref>Companies House: Suez Recycling and Recovery UK Ltd</ref>
|-
|-
| [[FCC]] || 670
|[[Viridor]] || 672 ||as per accounts published for year end March 2023<ref>Companies House: Viridor Ltd</ref>
|}
|}
In December 2021 Suez issued their 'Triple Bottom Line' Report giving and overview of the business and its sustainability for 2020<ref>file:///C:/Users/andyo/Downloads/SUEZ-SustainabilityReport-2020-web.pdf</ref>.


==Suez Entities Listed on WikiWaste==
==Suez Entities Listed on WikiWaste==

Latest revision as of 14:20, 19 December 2023

Suez logo from Suez UK website
Suez logo from Suez UK website


Part of the world-wide SUEZ group, Suez employ more than 5,000 people in the UK. Since 1988, they have been managing waste and water for local authority and business customers and operate from over 300 locations in the UK[1].

History

Suez have grown in the UK since 1988, previous under the name Sita.

In August 2020 Veolia launched a process to acquire/merge with Suez via the acquisition of the shares owned by Energie in Suez (representing 32% of the company for 3.4bn Euros). By September 2022 the Competition and Markets Authority had determined that the sale in the UK would be anti-competitive[2] and as a result it was announced that Suez would buy back its waste and recycling business in the UK[3] and in December 2022 Suez announced the completion of the acquisition from Veolia[4]. The new ownership is understood to be between Meridiam, Global Infrastructure Partners, Caisse des Depots Group and a small holding by employees.

In October 2023 Suez announced the acquisition of DCW (Devon Contract Waste) and in December 2023 F&R Cawley.

The relative position of the top 5 waste companies, by turnover, is as follows:

Company Turnover (million GBP) Most Recently Reported Note On Source and Date for Most Recently Reported
Veolia 1,719 Veolia Environmental Services (UK) Ltd only, as per financial year report ending December 2021[5]
Biffa 1,364 turnover shown net of landfill tax as per financial year report ending March 2022[6]
FCC 795 as per proportion of Annual Report 2022 by the Group[7]
Suez 765 as per accounts ending December 2022[8]
Viridor 672 as per accounts published for year end March 2023[9]

Suez Entities Listed on WikiWaste

References

  1. ↑ https://www.suez.co.uk/en-gb/who-we-are/suez-in-the-uk
  2. ↑ gov.uk Press Release August 2022
  3. ↑ Letsrecycle Article September 2022
  4. ↑ https://www.suez.com/en/news/press-releases/suez-reintegrates-major-uk-waste-business-after-acquiring-it-back-from-veolia#:~:text=SUEZ%20announces%20that%20it%20has,is%20now%20back%20with%20SUEZ.
  5. ↑ Companies House: Veolia Environmental Services (UK)
  6. ↑ Companies House: Biffa Group Holdings (UK) Ltd
  7. ↑ Companies House: FCC Environment (UK) Ltd reported £552m turnover year end December 2022
  8. ↑ Companies House: Suez Recycling and Recovery UK Ltd
  9. ↑ Companies House: Viridor Ltd
Retrieved from ‘https://wikiwaste.org.uk/index.php?title=Suez&oldid=22822’