Water | Suez Buys Ge
: Before the deal, Suez lacked proprietary membrane technology . Acquiring GE Water gave them access to Zenon membranes , which can provide three times the water throughput of conventional systems. Key Deal Facts
: Through GE, Suez became a supplier to global giants like Exxon-Mobil , Shell, Nestle, Intel, and Pfizer. Why Did GE Sell? Press Release - SUEZ suez buys ge water
: The acquired unit was merged with Suez’s existing industrial activities to form a new business unit: SUEZ Water Technologies & Solutions . : Before the deal, Suez lacked proprietary membrane
: Suez partnered with the Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) , which took a 30% stake for over $700 million. Why Did GE Sell
: Industry accounts for roughly 15-20% of global water consumption , significantly higher than the 5-8% used by human urban consumption.