REMONDIS closes Veolia and Suez deal

Remondis take over

REMONDIS has completed one of its biggest phases of acquisition activity in Australia, securing numerous Veolia and Suez sites, assets and customers across the country.

As part of the deal, REMONDIS will return to the South Australian market and boost its Australian footprint more broadly. The company is positioned to increase commercial, industrial and medical waste management and recycling offerings to new and existing clients across the Business to Government, Business to Business and Business to Consumer sectors.

As of Saturday 9 April, REMONDIS has acquired Jandakot Commercial and Industrial Collections business in Perth, Wingfield commercial and industrial collections and medical waste business in Adelaide, Seven Hills Transfer Station in Sydney and selected national commercial and industrial customer contracts.

Eighty former SUEZ and Veolia employees have joined REMONDIS through the acquisition.

Björn Becker, REMONDIS Australia Chairman said it was a significant milestone in REMONDIS’ 40-year history in Australia.

“The deal enables us to re-establish a strong presence in South Australia and strengthen our footprint in Western Australia and New South Wales,” he said. “The acquisition in Australia aligns with the REMONDIS Group’s global objectives of increasing investment in the areas of water, recycling and services.

“At every turn we’re deploying international best-practice to lift cost-efficient and environmentally sustainable waste management and recycling services to new levels.”

At Wingfield, REMONDIS has retained Peter Young, former SUEZ Operations Manager, as State C&I and Recycling Manager, together with a full complement of operational and administrative employees.

Chris Gusenzow, REMONDIS WA General Manager will work with the former Veolia WA team to add Jandakot to REMONDIS’ existing commercial operational footprint at Canning Vale, Osborne Park and Henderson.

Susie McBurney, REMONDIS NSW/ACT General Manager will work with the former SUEZ Seven Hills team to bring the Seven Hills site into the REMONDIS NSW network.

The deal follows the Veolia Environnement S.A. (Veolia) acquisition of Suez Environnement S.A. (SUEZ) in October 2020.  As part of that process, Veolia provided an undertaking to the Australian Competition and Consumer Commission (ACCC) to divest certain commercial, industrial and medical waste businesses and assets across Sydney, Adelaide and Perth to address competition-related concerns.

REMONDIS entered into a conditional sale agreement with Veolia in December 2021 and all conditions have since been met.

The acquisitions were overseen by an independent manager and auditor ensuring compliance with Veolia’s ACCC undertaking and smooth ownership transfer.

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