Suez (company, 2015)

History

Formerly an operating division of Suez, the company was spun out as a stand-alone entity as part of the merger to form GDF Suez (now Engie) on 22 July 2008. Engie remained the largest shareholder of the company with a 35% stake. On the stock market, Suez Environnement's share price increased 40% in value on its first day.

In April 2014, Suez Environnement signed three major water treatment contracts in India worth 61 million euros. In July 2015, the group Suez Environnement simplified its name to become Suez, after the group GDF-Suez changed its name to Engie, leaving the name Suez available again. In September 2015, Suez acquired Sembcorp's 40% stake in the companies' common joint-venture to provide water treatment and waste management in Australia.

On 1 October 2017 Suez bought the Water & Process Technologies unit from GE Power for 3.4 billion dollars and formed a new business unit called Suez Water Technologies & Solutions. Suez shares are listed on the Euronext exchanges in Paris and Brussels.

Water Technologies and Solutions “WTS” subsidiary

• WTS was formed as a 70%-30% joint venture between Suez and CDPQ in 2017, before becoming a subsidiary of Veolia following the Veolia–Suez merger in 2022, with CDPQ keeping its 30% minority stake. In FY2024, WTS achieved revenues of €3.3bn ($3.6bn) and EBITDA of €472M ($511M).
• In 2021 this subsidiary was sold to Veolia along with other Suez entities

On 14 May 2019 Bertrand Camus was appointed as chief executive officer of Suez.

On 1 February 2022 Suez was acquired by a consortium of shareholders, and a new CEO, Sabrina Soussan, was appointed.

As of 1 August Sabrina Soussan was appointed chairman and chief executive officer of Suez.

Financial results

Financial results in millions of euros:

Main key figures

Key figures for the group in 2024:

• revenue: €9.2 billion;
• 40,000 employees;
• 68 million people worldwide benefit from drinking water
• 44 million people worldwide benefit from sanitation
• 8 TWh of energy produced from waste and wastewater
• 1,300 experts and more than 1,800 patents
• 10 technical and innovation centers and R&D centers in Europe and Asia

Company governance

As of 3 October 2025 the executive committee is made up of:

• Xavier Girre: CEO
• Arnaud Bazire, EVP Water France
• Stéphanie Cau, EVP Group Communications
• Laurent-Guillaume Guerra, EVP Human Resources, Health&Safety and EIR
• Bruno Hervet, Interim EVP Engineering & Construction
• David Lamy, EVP Recycling & Recovery France
• Anne-Sophie Le Lay, EVP Chief Legal Officer
• Bénédicte Liénard, EVP Group Transformation
• Pierre Pauliac, EVP International
• Bastien Rob, Interim Chief Financial and CSR Officer
• John Scanlon, EVP UK

Shareholder structure

Breakdown of share capital as of 4 September 2025.

References

References

1. "[http://www.suez-environnement.com/en/homepage/usefull-links/legal-notice/legal-notice/#ref=footer Legal notice]." Suez Environnement. Retrieved on 7 July 2010.
2. "SUEZ environnement becomes SUEZ".
3. Maitre, Marie. (22 July 2008). "Suez Environnement gushes on Paris market debut". [[Reuters]].
4. (2008-07-22). "UPDATE 1-Suez Environnement gushes on Paris market debut". Reuters.
5. Ghaswalla, Amrita Nair. (8 April 2014). "Suez Environnement bags three water treatment projects worth ₹505 crore".
6. "Suez environnement becomes Suez".
7. Binsted, Tim. (2015-09-21). "France's Suez buys Sembcorp out of Australian waste joint venture for $485m".
8. De Clercq, Geert. (2017-03-08). "Suez targets industrial water with $3.4 billion GE Water deal". Reuters.
9. (14 May 2019). "Adoption of all the resolutions by the shareholders' meeting of May 14th, 2019".
10. "Global Water Intelligence".
11. (26 February 2020). "Consolidated Financial Statements of Suez for the fiscal years ended December 31, 2019 and 2018".
12. "Suez Group, About us".
13. "Governance - Suez Group".