RNEWS: PREZERO ACQUIRES SUEZ SWEDEN BUSINESS

Monday, 1st march 2021 | rNEWS
Marco Arezio - Consulente materie plastiche - rNEWS: PreZero Acquires Suez Sweden Business

PreZero's industrial activities are flooding Europe through agreements and acquisitions of companies specializing in recycling and waste treatment. As Danne Toto reports, the company took over the activities of Suez Sweden and changed its name.

Suez in Sweden changed the brand to PreZero Recycling AB following the acquisition of these businesses by PreZero in December 2020. PreZero Recycling AB has 50 locations and 1,100 employees.

As the environmental division of the Schwarz Group, which also includes retailers Kaufland and Lidl, PreZero Stiftung & Co. KG based in Germany will enjoy all possible synergies between companies and individual skills.

With the acquisition of Suez in Sweden, PreZero will have a total of approximately 4,800 employees in Germany, Poland, the Netherlands, Belgium, Sweden, Austria, Italy and United States.

In September last year, PreZero announced its plans to acquire Suez's recycling and recovery business based in Paris, the Netherlands, in Luxembourg, Germany and Poland. The agreement excluded Suez's plastic recycling and hazardous waste treatment activities.

But in the same period, the companies had declared the preparation of a memorandum of understanding to explore the possibilities of developing strategic partnerships and promoting innovative waste management.

Automatic translation. We apologize for any inaccuracies. Original article in Italian.

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