In 2017, the French environmental giant completed its acquisition of GE Water & Process Technologies for approximately $3.4 billion (€3.2 billion). This landmark deal was a strategic pivot that transformed Suez from a primarily municipal service provider into a global powerhouse in the industrial water market. The Strategy: From Cities to Industry
: The acquisition added over 7,500 employees and 50,000 customers across 130 countries to Suez's portfolio. suez buys ge water
: Before the deal, Suez lacked proprietary membrane technology . Acquiring GE Water gave them access to Zenon membranes , which can provide three times the water throughput of conventional systems. Key Deal Facts In 2017, the French environmental giant completed its
: Industry accounts for roughly 15-20% of global water consumption , significantly higher than the 5-8% used by human urban consumption. : Before the deal, Suez lacked proprietary membrane
: The acquired unit was merged with Suez’s existing industrial activities to form a new business unit: SUEZ Water Technologies & Solutions .