02/10/2021 | Press release | Distributed by Public on 02/10/2021 08:47
On 5 February 2020, the European Commission referred the review of the takeover of Suez RV OSIS, a subsidiary of Suez, by SARP, a subsidiary of Véolia, to the Autorité de la concurrence. Both companies are mainly active in the maintenance of sewerage works and networks and industrial cleaning in France.
This referral is made pursuant to Article 4(4) of European Regulation No. 139/2004 on the control of concentrations between undertakings.
In agreement with the companies involved, the European Commission considered that the French Autorité de la concurrence was best placed to review this concentration, particularly in view of its impact on the national market and the Autorité's experience in this sector. SARP will therefore have to notify the transaction to the Autorité, which is now competent to examine it.
*The transaction concerned by the referral is separate from the proposed acquisition of Suez by Veolia, which falls within the jurisdiction of the European Commission given the turnover of the companies involved.