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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>.
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 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 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:
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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>.
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>. In September 2022 an investor presentation set out the turnover of the UK waste business as around £900m, and enterprise value of £2bn, 11m tonnes of waste managed a year and 6,000 staff<ref>https://www.suez.com/-/media/suez-global/files/publication-docs/pdf-francais/finance/suez_investors_presentation_26-10-2022.pdf?open=true</ref>.
 
==Suez Entities Listed on WikiWaste==
==Suez Entities Listed on WikiWaste==
* [[SITA Suffolk Ltd]]  for the [[Residual Waste EFW]] facility [[Great Blakenham EfW]]
* [[SITA Suffolk Ltd]]  for the [[Residual Waste EFW]] facility [[Great Blakenham EfW]]

Revision as of 14:28, 10 January 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].

In 2017/18 the relative position of the top 5 waste companies[5], by turnover, was as follows:

Company Turnover million GBP
Veolia 1,500
Biffa 1,077
Suez 798
Viridor 789
FCC 670

In December 2021 Suez issued their 'Triple Bottom Line' Report giving and overview of the business and its sustainability for 2020[6]. In September 2022 an investor presentation set out the turnover of the UK waste business as around £900m, and enterprise value of £2bn, 11m tonnes of waste managed a year and 6,000 staff[7].

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. ↑ https://www.statista.com/statistics/298437/revenues-of-leading-uk-waste-management-services/
  6. ↑ file:///C:/Users/andyo/Downloads/SUEZ-SustainabilityReport-2020-web.pdf
  7. ↑ https://www.suez.com/-/media/suez-global/files/publication-docs/pdf-francais/finance/suez_investors_presentation_26-10-2022.pdf?open=true
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