on SECHE ENVIRONNEMENT (EPA:SCHP)
Decisive Agreement for Séché Environnement with CVC DIF
Séché Environnement has signed a landmark agreement with CVC DIF, providing for the acquisition of 49.9% of ECO's capital by CVC DIF. This transaction is materialized by a reserved capital increase of approximately €216 million for ECO, Singapore's leader in hazardous waste management.
This strategic transaction aims to strengthen ECO’s financial capabilities, facilitating its expansion into the industrial waste market in Southeast Asia. ECO will be able to benefit from CVC’s expertise and local presence to increase its leadership in the region.
Maxime Séché, CEO of Séché Environnement, emphasizes that this partnership with CVC DIF, a major player in infrastructure, supports ECO's ambitious growth project. The agreement, which should be finalized soon, consolidates Séché Environnement's position in this dynamic market.
R. H.
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