Econostrum | Economic News in the Mediterranean

Suez joins forces with A2A Ambiente to jointly treat hazardous waste in Italy

Written by Frédéric Dubessy on Tuesday, October 6th 2020 à 17:29 | Read 845 times

A2A and Suez to combine their hazardous waste activities (photo: Suez)
A2A and Suez to combine their hazardous waste activities (photo: Suez)
ITALY / FRANCE. In full digestion of the purchase of 29.9% of its shares held by Veolia, Suez signed on Tuesday 6 October 2020 an exclusive agreement with A2A Ambiente (subsidiary of the Italian group A2A) to group their hazardous waste activities in Italy.

The text plans to bring together the waste treatment platforms already operational in the regions of Milan and Turin offering a global treatment capacity of 300,000 tonnes per annum. A joint venture, owned equally by A2A and Suez, will be created between the two groups with the ambition to "become a player of excellence in the treatment of hazardous waste in Italy, representing the third largest market in Europe", states a Suez press release.

The partnership between Suez and A2A Ambiente (based in Brescia) will begin in the first quarter of 2021.

In September 2020, the French group entered into exclusive negotiations with Germany's PreZero, the environmental branch of the German group Schwarz (parent company of Lidl and Kaufland) for the sale of Suez's recycling and recovery activities in the Netherlands, Luxembourg, Germany and Poland. The transaction, which would take place outside the plastics recycling and hazardous waste treatment activities, was specified in the MoU-Memorandum of understanding.



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