Delphi advisor to Veolia in divestment of Veolia Recycling and Industrial Cleaning

Delphi has assisted Veolia Nordic AB in connection with the divestment of Veolia Recycling Solutions Nordic AB. Veolia have signed an agreement with Remondis International GmbH for the sale of all shares in Veolia Recycling.

Veolia is a global environmental company with a focus on solutions within recycling, industrial services, water and energy. Veolia Recycling conducts operations in Sweden within the collection, processing and marketing of recycled raw materials, services and industrial cleaning. Veolia Recycling has a total of 65 sites in Sweden, which will be taken over by Remondis as part of the transaction. The transaction is conditional upon competition authority clearance.

Delphi’s core team consisted of Rickard Isacson, David Aversten, Hannah Gröndahl, Christoffer Malmström, Ellen Karp Jakobsson and Daniel Malm (M&A), Karin Roberts (Competition), Magnus Berterud (Employment), Johan Hübner and Erik Ålander (Corporate Commercial) and Erica Nobel (Environmental).