Veolia strengthens its position in Australia with the acquisition of Enviropacific

Veolia, the French environmental solutions specialist, has announced the acquisition of Enviropacific in Australia for AU$220 million. This move aims to strengthen its position in the treatment of PFAS, a contaminant of concern, in Australia. Enviropacific, which has revenues of AU$250 million, will allow Veolia to expand its technological and operational capabilities.

The acquisition is part of Veolia's GreenUp strategy to address environmental challenges. The group aims to reach one billion euros in revenue from PFAS treatment by 2030. The rapidly expanding market in Australia offers opportunities thanks to increasingly stringent environmental regulations.