French environmental services provider Suez has successfully reacquired its former UK waste management operations from Veolia, the group announced on Monday. Buying back its UK waste management business is a "major strategic step" for Suez. "It will pave the way to accelerate the growth of waste management activities, in particular by enhancing the group's expertise in new treatment methods (material re-use, recycling, creation of alternative fuels and energy from waste)", the company commented. The transaction is expected to accelerate Suez's international growth. Last week, Suez completed the take-over of hazardous waste management activities from Veolia in France. ...
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